Fedex Reports 7% Increase in Fourth-Quarter Earnings
Deseret News (Salt Lake City) › June 21, 2007
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Summary
MEMPHIS, Tenn. (AP) -- FedEx Corp. posted a 7 percent increase in fourth-quarter profit Wednesday on higher revenue but said a sluggish U.S. economy dampened business.
The shipping giant forecast earnings growth in fiscal year 2008 below the company's long-term 10- to 15-percent target, in part because of planned investments necessary for the company's long- term health.See the full content of this document
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Fedex Reports 7% Increase in Fourth-Quarter Earnings
But FedEx said its own economists predict a...
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