MEMPHIS, Tenn. (AP) — FedEx Corp. cut its fourth-quarter earnings expectations Friday, blaming continuing increases in fuel costs.
The Memphis-based shipping company said it expects profits of $1.45 to $1.50 per share for the three months ended May 31, down from its previous prediction of $1.60 to $1.80 per share.
Analysts surveyed by Thomson Financial predicted quarterly [...] ...
Anytime
