Recession Confirmed: FedEx issues ominous warning about the global economy, shares tumble

by

Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj Subramaniam warned in the release. “We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first quarter results are below our expectations.”

finance.yahoo.com/news/fed-ex-economic-warning-after-hours-movers-september-14-220428377.html

We are primarily funded by readers. Please subscribe and donate to support us!
Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.