FedEx drops nearly 5% after lowering earnings guidance for 2019

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FedEx cuts 2019 view on European softness, global trade concernsU.S. package delivery company FedEx Corp on Tuesday lowered its 2019 forecast, c...
Source: Reuters - 🏆 2. / 97 Read more »

Watch out FedEx and UPS: Amazon is growing its air fleet againAmazon is adding a bunch of new cargo jets to its fleet to help it deliver more of its own packages. It's another sign that Amazon is trying to reduce its dependence on other delivery companies. Thank you President Trump. And stealing from someone ligitimitely again. Right on Amazon!!! 👍🏼👍🏼. Would have never succeeded if they would allowed Trump the Con as a partner or investor!!! He’s just flat out jealous of the tremendous SUCCESS!!!! 😬
Source: CNN - 🏆 4. / 95 Read more »

Amazon posing a threat to FedEx is a 'fantastical' idea, FedEx CEO said — but the reality is much more complicatedFedEx CEO said Amazon isn't a threat to the company's business. Analysts told Business Insider it's not that simple. Sounds like we have another 'Blockbuster' on our hands.
Source: BusinessInsider - 🏆 729. / 51 Read more »

FedEx is really worried about trade and the global economyFedEx expects global trade disputes and an economic slowdown could severely hurt its business next year. FAKE NEWS. FEAR HARVESTING. CNN THE NEW NATIONAL SOCIALIST GULAG UPS still delivers everyday at my location, but FedX only comes a couple times a week now. Can business be worse than what they're reporting? I understand bc they do their jobs on global scales. POTUS will destroy that.
Source: CNN - 🏆 4. / 95 Read more »

FedEx shares plunge 7% as company cuts forecast, warning of economic slowdownShares of FedEx dropped 7 percent premarket on Wednesday after the company's CEO blamed 'bad political choices' like Brexit and U.S. tariffs for a slowdown in the global economy. The truth is scottlincicome went Nero on them yesterday on twitter cause they didn’t guarantee his Saks silk pajamas by Christmas and now that’s it on the truck he’s fiddling as they burn. Savagery Not surprising but bad news nonetheless They talked a lot about Europe
Source: CNBC - 🏆 12. / 72 Read more »