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FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
News
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
September 20, 2024
Arthur Bleemer
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
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This is what the Fed’s interest-rate cut means for distressed companies
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets