FedEx warns of deteriorating economy and withdraws forecast;  shares fall 16%

FedEx warns of deteriorating economy and withdraws forecast; shares fall 16%

FedEx employees sort packages in Manhattan, New York, U.S., May 9, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – FedEx Corp on Thursday withdrew the financial forecast it issued just three months ago, saying a slowdown in global demand accelerated in late August and was set to …

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