FedEx Sinks as ‘Breathtakingly Bad’ Results Spur Outlook Cut
A FedEx Corp. delivery truck drives through a street in Miami, Florida, U.S. (Photographer: Scott McIntyre/Bloomberg)

FedEx Sinks as ‘Breathtakingly Bad’ Results Spur Outlook Cut

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(Bloomberg) -- FedEx Corp. plunged after cutting its profit forecast for the second straight quarter, as weak international demand hurt sales and the courier ramped up investment to handle soaring ...
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