The Traderszone Network

Published in TZ Latest News 23 March, 2017 by The TZ Newswire Staff

FedEx’s Holiday Quarter Results Disappoint

FedEx (NYSE: FDX) didn’t exactly deliver on its most recent set of quarterly results. The logistics and shipping giant announced that for the third quarter of its fiscal 2017, which ended Feb. 28, revenue was $15.0 billion — 18% higher on a year-over-year basis.