Skip to comments.FedEx Posts 3Q Miss, Blames Bad Weather for Weak Volumes
Posted on 03/19/2014 6:10:43 AM PDT by mykroarEdited on 03/19/2014 6:18:34 AM PDT by Admin Moderator. [history]
FedEx Corp , the world's No. 2 package delivery company, posted lower-than-expected results on Wednesday and forecast a weaker full year profit view, saying it was significantly hurt by winter storms.
Shares of the company were down 1.14 percent at $136.99 Wednesday before the markets opened.
(Excerpt) Read more at foxbusiness.com ...
In the disastrous economy to follow this winter, they will blame the heat, I suppose. They won’t blame the Worst President Ever and his university idiots, who have never run a business and think Big Government can.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.