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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 ...
Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...
(Reuters) -FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as ...
"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 ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and uncertainty over the potential impact of the Trump administration’s tariffs.
"FedEx's Q3 print and full-year forecast cut will likely exacerbate ... "Management noted weakness in the industrial economy and, while macro is a factor, we believe structural forces are a ...
FedEx FDX-5.30%decrease; red down pointing triangle cut its outlook for the year ... weakness and uncertainty in America’s industrial economy. A challenging economic backdrop, plagued by ...
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