FedEx 4Q profit drops as priority services lag

Latest Finance Stories

In this Tuesday, April 23, 2013, photo, a FedEx cargo planes comes in for a landing at the Juneau International Airport in Juneau, Alaska. On Wednesday, June 19, 2013, Fedex Corp. reports quarterly earnings. (AP Photo/The Juneau Empire, Michael Penn)

More from this Slideshow

0 of 0

FedEx 4Q profit ... In this Tuesday, April 23, 2013, photo, a FedEx cargo planes comes in for a landing at the Juneau International Airport in Juneau, Alaska. On Wednesday, June 19, 2013, Fedex Corp. reports quarterly earnings. (AP Photo/The Juneau Empire, Michael Penn)
Stocks slide as ... Fed Chairman Ben Bernanke is on a television screen as trader James Dresch works in a booth on the floor of the New York Stock Exchange Wednesday, June 19, 2013. The Federal Reserve offered a hint Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows. (AP Photo/Richard Drew)
Fed suggests it'... Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington, Wednesday, June 19, 2013. Bernanke. The Federal Reserve said Wednesday that it will maintain the pace of its bond-buying program to keep long-term interest rates at record lows. But it offered a more optimistic outlook for the U.S. economy and job market. (AP Photo/Susan Walsh)
Men's Wearhouse ... FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations. (AP Photo/Ben Margot, File)
Car quality ding... FILE -This Nov. 27, 2012 photo shows a 2013 Honda Civic is shown in Detroit. Porsche and GMC have the highest-quality vehicles in a new survey of U.S. car owners. But the survey suggests overall quality is falling because of glitches with new technology, like navigation and voice recognition systems. The survey, released Wednesday, June 19, 2013, questioned 83,442 owners and lessees of 2013 model year vehicles who were contacted at random through state registration data. Honda had the top-performing small car and small SUV, with the Honda Civic and Honda CR-V. The best midsize car was the Toyota Camry and the best large car was the Chevrolet Impala. Chevrolet also had the best large SUV, the Tahoe and the best pickups , the Avalanche and Silverado. (AP Photo/Paul Sancya, file)