FedEx had reiterated a forecast of $8.50 to $9 a share on Jan. 23. “We expect the guidance to be viewed negatively as expectations were towards the high end of the prior range,” Helane Becker, a New York-based analyst with Cowen & Co., said in a note to clients. She rates FedEx shares the equivalent of a buy. FedEx predicted global economic expansion of 2.8 percent for 2015, less than the …
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