FedEx to Report Impact of Europe's Ills

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jun 14, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx to Report Impact of Europe's Ills - The Street

    FedEx (FDX) will report earnings on Wednesday, an eagerly-awaited event likely to provide investors with insight into the global economy.

    Rival UPS (UPS), which had revenue of $45.3 billion in 2009, maintains that 6% of the U.S. GDP and 2%of the world's GDP is in its system at any given moment. FedEx does not provide comparable figures, but it had fiscal 2009 revenue of $35.5 billion.