When the global economy sneezes, it's highly likely that package delivery companies like FedEx and United Parcel Service will
catch a cold. As a consequence, it's hardly surprising that FedEx's
first-quarter results disappointed the market. Essentially, the company
missed analyst earnings estimates and downgraded its EPS guidance for
fiscal 2016 -- and don't forget that this is only the first quarter.
Time to take a closer look at the earnings report
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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