Other News - 05/12/2008
FedEx lowered its earnings forecast for its fiscal fourth quarter ending May 31, projecting a per-share profit of $1.45-$1.50, down from $1.60-$1.80 it projected in March. Earnings of $1.50 per share would mark a more than 23% decrease from $1.96 in the year-ago quarter. The delivery giant said that...
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