Tuesday, September 15, 2015

For Fedex, Local Growth Could Offset The Effect Of Global Slowdown & Falling Fuel Prices

Forbes - Markets
For Fedex, Local Growth Could Offset The Effect Of Global Slowdown & Falling Fuel Prices
FedEx is set to release its earnings for Q1 FY16 on September 16. The company’s stock has fallen almost 20% since the last earnings report, due to growing concerns amid the slowdown in China and other key markets. However, the growing e-commerce trend could help its local Ground segment compensate for headwinds from such markets.

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