Home / FedEx / FedEx shares down on outlook

FedEx shares down on outlook

SAN FRANCISCO (MarketWatch) — FedEx shares fell 4% to $92.23 early Thursday. FedEx trimmed its global economic growth forecast due to euro zone weakness and issued a its fourth-quarter profit outlook of $1.75 to $2 a share. Analysts are expecting FedEx to earn $2, according to FactSet. FedEx also said it plans to bulk up in Europe by winning more business rather than buying other companies …

More: continued here

About admin

Check Also

Amazon.com will stop shipping to Australia from July 1 | afr.com – The Australian Financial Review

The Australian Financial Review Amazon.com will stop shipping to Australia from July 1 | afr.comThe …

Leave a Reply

Your email address will not be published. Required fields are marked *