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FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S. industrial economy.” ...
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...
FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly ...
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company lowered its outlook.
(Bloomberg) -- FedEx Corp. shares ... considered an economic bellwether because of its exposure to a broad swath of the global economy, said its latest outlook assumes the global economic ...
"FedEx's Q3 print and full-year forecast cut will likely exacerbate concerns ... "Management noted weakness in the industrial economy and, while macro is a factor, we believe structural forces ...
FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings ...
"Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," FedEx chief financial ...
Forecast cuts raise concerns about US industrial economy Morgan Stanley ... S&P 500 since Trump's appointment "FedEx's Q3 print and full-year forecast cut will likely exacerbate concerns of ...
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