FedEx tumbles after lowering earnings guidance, cites global trade slowdown

FedEx tumbles after lowering earnings guidance, cites global trade slowdown
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FedEx dropped more than 6% on Tuesday after the company lowered its 2019 earnings guidance and reported weakness in its international business, particularly in Europe, while announcing plans to cut costs. The logistics company lowered its full year 2019 earnings guidance to a range of $15.50 to $16.60 per […]

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