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Contact poohmacbear about "FedEx swings to loss 4th-quarter Earning"

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poohmacbear Jun 18, 2008 09:35 AM

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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