FedEx shares plunge 7% as company cuts forecast, warning of economic slowdown

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

FedEx shares plunge 7% as company cuts forecast, warning of economic slowdown.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They talked a lot about Europe

Not surprising but bad news nonetheless

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woesFedEx Chairman and CEO Frederick Smith said Tuesday that most of the issues facing the company are the result of politicians around the world. Nicest way to say “trump screwed my southern company” a southern guy can do I bet he voted for Trump FedEx, a bellwether of how the economy is doing, has seen its stock drop 35% recently, and is buying out workers in the US. Trump will refer to these lay-offs as 'bonus pay'.. - As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woes
Source: CNBC - 🏆 12. / 72 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 »

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 »

Stores Finishing the Holidays on a High NoteStores have met the lofty sales expectations set by analysts, showing that many chains continue to reap the benefits of a strong U.S. economy and rising consumer confidence. Delivery companies have also held up so far during the holiday season. Technology has changed people's consumption habits. 'Solid sales Numbers' that doesn't side so good
Source: WSJ - 🏆 98. / 63 Read more »