The Traderszone Network

Published in TZ Latest News 19 September, 2017 by The TZ Newswire Staff

FedEx Corporation: Q1 Earnings Plunge After a Cyberattack

Three months ago, package delivery giant FedEx (NYSE: FDX) posted excellent fourth-quarter results, soaring well past analysts’ expectations. At the time, FedEx’s management was very optimistic about the 2018 fiscal year. As CFO Alan Graf noted, the company’s outlook for the new fiscal year called for strong earnings growth.

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