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FedEx Slumps as Lowered Outlook Offers Economic Warning Sign
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning sign about the direction of the US economy.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughThe Moonshot Plan to Eliminate Deaths on America’s RoadsNew York City’s Transit System Plans $65.
FedEx Slumps as Lowered Outlook Offers Warning Sign for Economy
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
Fedex stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
1d
Army Corps of Engineers to install North County signs warning of radioactive waste
The U.S. Army Corps of Engineers plans to install what could end up being scores of signs some time in November across North ...
2d
on MSN
Driver hits steer in Fresno County after passing warning sign
A steer was hit and killed on the road between Shaver Lake and Huntington Lakes in Fresno County, according to the California ...
6d
on MSN
Bargain Hunting for Yield: The 1 Metric Warning Sign for AT&T and Verizon Stocks
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down how both AT&T (NYSE: T) and Verizon ...
20h
Alert: In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll
Alert: In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll WASHINGTON (AP) — In a warning sign for Trump, voters are split on who would do ...
Opinion
Mediaite on MSN
7h
Opinion
Gallup’s Latest Poll on Harris vs. Trump’s Favorability Is a Flashing Red Warning Sign For Harris’s Media Strategy
AP Photo/Rebecca Droke Gallup, one of the country’s most respected polling firms, gave Vice President Kamala Harris some very ...
13d
Women just broke a job-market record. That may be a warning sign.
Friday’s jobs report showed a cooling labor market. But hiding in the data was one record-breaking stat about women in the ...
4d
on MSN
A top poll showing Trump narrowly ahead in Iowa is a warning sign for his campaign
A new Des Moines Register/Mediacom Iowa poll has some findings that should give Trump some pause, as his struggles are about ...
7h
Democrats privately worry the Teamsters non-endorsement is a warning sign
Harris still has work to do to win over older, white, working-class voters who make up a large portion of the electorate in ...
1d
HMRC warning as you need to sign this document now to avoid 25% Labour tax raid
Mark Routen, head of Tax at Hoxton Wealth, has issued a warning that Chancellor Rachel Reeves is likely eyeing up hikes to ...
20h
In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll
In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll ...
14h
on MSN
Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
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