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FedEx swings to loss 4th-quarter Earning

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Posted by: poohmacbear at Wed Jun 18 09:35:32 2008  [ Report Abuse ] [ Email Message ] [ Show All Posts by poohmacbear ]  
   

Hello,

FedEx swings to loss 4th-quarter and issues forecast well below Wall Street expectations.

FedEx Corp. reported a fourth-quarter loss Wednesday that missed Wall Street expectations and it offered a gloomy outlook for its shipping business that showed how much higher fuel prices are eating into profits.......

Of course we will be the ones that have to pay for those high fuel costs!!!!

Here is the link:
http://biz.yahoo.com/ap/080618/earns_fedex.html

Michael Castillo
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