FedEx stock falls nearly 7% amid ongoing business challenges

New York FedEx has been trying to turn its business around after a difficult year, but its second quarter results show that it's not nearly there yet.

On Tuesday, the company reported net income of $660 million for the three months ending November 30, down nearly 40% from the same period a year earlier. Revenue fell to $17.3 billion from $17.8 billion over that time. Shares in FedEx dropped nearly 7% in after-hours trading Tuesday following the earnings release. "We are at the bottom," Chief Financial Officer Alan Graff Jr. said in a call with Wall Street analysts Tuesday.

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FedEx treats workers like tissues to be used and tossed, they deserve to go out of business as far as I am concerned

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