ylliX - Online Advertising Network
Company Ticker News

Earnings Results: FedEx lowers outlook for the year amid tight labor market, rising expenses

Earnings Results: FedEx lowers outlook for the year amid tight labor market, rising expenses

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

FedEx Corp. shares fell more than 3% in extended trading Tuesday after the shipping and logistics company lowered its outlook for the year, saying that the cost of doing business rose more than it expected thanks to supply-chain disruptions and a tight labor market.

...read full article on Market Watch

ylliX - Online Advertising Network