For stockholders, FedEx (NYSE: FDX) has been dead money for years. FedEx's strength is in their express (or air) unit, which instead mainly supports business to business logistics. First, the bad: In FedEx's most recent quarter, CEO Frederick Smith reported a near 60% drop in profit year over year. Read More...
FedEx Will Deliver Strong Returns Without Amazon
For stockholders, FedEx (NYSE: FDX) has been dead money for years. FedEx’s strength is in their express (or air) unit, which instead mainly supports business to business logistics. First, the bad: In FedEx’s most recent quarter, CEO Frederick Smith reported a near 60% drop in profit year over year.
Add Comment