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FedEx Posts 3Q Miss, Blames Bad Weather for Weak Volumes
FoxBusiness.com ^ | March 19, 2014 | Reuters

Posted on 03/19/2014 6:10:43 AM PDT by mykroar

Edited 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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 3q; delivery; fedex; results
Damn weather, ruining this perfectly healthy economy.
1 posted on 03/19/2014 6:10:43 AM PDT by mykroar
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To: mykroar

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.


2 posted on 03/19/2014 6:28:44 AM PDT by txrefugee
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To: mykroar
this doesn't even make sense, I remember reading that they had so many packages to deliver during Christmas that they were days behind delivering the overnight mail.
3 posted on 03/19/2014 7:11:33 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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