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

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

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 /  🏆 12. in ZA
 

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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

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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 »