FedEx Misses Estimates as Costs Rise at Ground-Shipping Unit – Bloomberg


Bloomberg
FedEx Misses Estimates as Costs Rise at Ground-Shipping Unit
Bloomberg
s fiscal second-quarter profit fell short of analysts’ estimates as spending to improve its growing ground-shipping unit dulled the benefit of increased online shopping for the holidays. Operating income at the ground unit fell 12 percent as investment

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Source: shipping – Google News

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