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CORRECTED: FedEx profit hit by economy, but beats Street view
Reuters   Wednesday, 21 March 2007

FedEx trucks are lined up at a FedEx facility in Denver, September 23, 2006. FedEx Corp. said on Wednesday quarterly net profit fell due to the impact of a slowing economic environment, lower fuel surcharges and severe winter storms. (Rick Wilking/Reuters)Reuters - Package delivery company FedEx Corp. on Wednesday reported a dip in profit, citing a slower economic environment, lower fuel surcharges and severe winter storms, but came in above market expectations.


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