FedEx Tumbles as New Cut to Profit Forecast Signals `Lost Year'
A driver for an independent contractor to FedEx Corp. holds a package for delivery in Miami, Florida, U.S. (Photographer: Scott McIntyre/Bloomberg)  

FedEx Tumbles as New Cut to Profit Forecast Signals `Lost Year'

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(Bloomberg) -- FedEx Corp. tumbled as a new cut to its earnings outlook stoked Wall Street concerns over the courier’s ability to navigate a global slowdown and cash in on surging e-commerce.
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