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AFTER the previous week's victory over Whitley Bay, it was another North Tyneside opponent for Northallerton on Saturday as they headed to North…
fiscal first-quarter profit drop 1%. it also lowered its earnings outlook for the rest of the year. fedex now expects full year earnings to be a maximum of $6.60 a share. that's much lower than the guidance it gave in june. as erika miller reports, that forecast is not just bad news for transportation companies, fedex's gloomier outlook casts a shadow over just about every industry. >> reporter: fedex is no ordinary stock. the company delivers packages to over 220 countries, reaching 95% of global g.d.p. >> fedex has a good view into every aspect of the global economy, and what they ...
fiscal first-quarter profit drop 1%. it also lowered its earnings outlook for the rest of the year. fedex now expects full year earnings to be a maximum of $6.60 a share. that's much lower than the guidance it gave in june. as erika miller reports, that forecast is not just bad news for transportation companies, fedex's gloomier outlook casts a shadow over just about every industry. >> reporter: fedex is no ordinary stock. the company delivers packages to over 220 countries, reaching 95% of global g.d.p. >> fedex has a good view into every aspect of the global economy, and what they ...
the shipping giant saw its fiscal first-quarter profit drop 1%. it also lowered its earnings outlook for the rest of the year. fedex now expects full year earnings to be a maximum of $6.60 a share. that's much lower than the guidance it gave in june. as erika miller reports, that forecast is not just bad news for transportation companies, fedex's gloomier outlook casts a shadow over just about every industry. >> reporter: fedex is no ordinary stock. the company delivers packages to over 220 countries, reaching 95% of global g.d.p. >> fedex has a good view into every aspect of the glo...