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FedEx profit falls, company cites uncertainty over trade
Profit at FedEx fell 11 percent in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon. The results fell short of Wall Street expectations, and the company lowered its forecast for earnings through next spring. FedEx Corp. shares plunged nearly […]
FedEx profit falls, company cites uncertainty over trade
Profit at FedEx fell 11 percent in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon. The results fell short of Wall Street expectations, and the company lowered its forecast for earnings through next spring. FedEx Corp. shares plunged nearly […]
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