FedEx Corp cut its full-year forecast after a worse-than-expected quarterly profit as customers shift from air express to slower but cheaper modes of international shipping. Shares of the No. 2 U.S. package-delivery … More: continued here
Read More »FedEx raises red flags about global economy
FedEx warns weak traffic and customers shifting to slower service hurt results, raising more red flags on global economic weakness. More: continued here
Read More »FedEx Cuts 2013 Forecast on Shift to Cheaper Shipments
FedEx Corp. (FDX) , operator of the world’s largest cargo airline, cut its 2013 earnings forecast as customers accelerated a shift to cheaper overseas shipments. More: continued here
Read More »FedEx profit falls on weak airfreight business
FedEx said Wednesday that its third-quarter profit fell 31 percent as customers shifted to slower and less-expensive international air-shipping options.The company says it will cut capacity to and from … More: continued here
Read More »FedEx raises red flag on global economy
FedEx report is a window on warns about weak traffic and customers shifting to slower service hurt results More: continued here
Read More »Why Fedex isn’t profiting from an uptick in global trade
FedEx reported sub-par earnings today, sending share prices down more than 5% in US trading. With just $1.13 in earnings per share—versus the $1.38 Wall Street was expecting—the company blamed its outdated … More: continued here
Read More »FedEx Cuts Forecast: Hot Trends
NEW YORK (TheStreet) — Popular searches on the Internet include FedEx after the company cut its full-year forecast as more customers opt for less expensive forms of shipping. FedEx now expects a profit of $6 to $6.20 a share for fiscal 2013 ending May 31, down from its prior forecast …
Read More »Can FedEx Keep Rolling?
Can FedEx Keep Rolling? More: continued here
Read More »Stocks to Watch: Stocks to Watch: FedEx , Oracle, Jabil
Bellwether FedEx and technology heavyweight Oracle are scheduled to report quarterly earnings on Wednesday. More: continued here
Read More »Stocks to Watch: Oracle, FedEx , General Mills
Oracle and FedEx highlight a busy day for earnings reports. More: continued here
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