FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe

FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe

The New York Times - Business:

The shipping giant warned of a $500 million revenue shortfall ahead of its quarterly financial statement next week, sending its stock price diving in after-hours trading.

Benjamin Mullin
Author: Benjamin Mullin

This post first appeared in The New York Times - Business. Read the original article.

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