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Reuters: FedEx posts loss, gives low forecast

Started by chris, June 18, 2008, 11:41:07 PM

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chris

FedEx posts loss, gives low forecast
      


BURLINGTON, Iowa (Reuters) - Package delivery company FedEx Corp posted a quarterly loss on Wednesday due to high fuel prices, a weak U.S. economy and a previously announced write-down, and issued a weak forecast for fiscal 2009.
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