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The Latest FedEx Headlines
Cyber attack, hurricane weigh on FedEx quarterly profit
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<blockquote data-quote="cheryl" data-source="post: 3082718" data-attributes="member: 1"><p><strong><a href="http://www.reuters.com/article/us-fedex-results/cyber-attack-hurricane-weigh-on-fedex-quarterly-profit-idUSKCN1BU2RG" target="_blank">Cyber attack, hurricane weigh on FedEx quarterly profit - Reuters</a></strong></p><p></p><p>Package delivery company FedEx Corp on Tuesday reported a lower-than-expected quarterly net profit due to service disruptions from a cyber attack on its Dutch unit, the impact of Hurricane Harvey and higher costs, and also lowered its full-year earnings forecast.</p><p></p><p>Shares of the company, often considered a bellwether for the U.S. economy as are those of rival United Parcel Service Inc, dipped more than 2 percent in after-hours trading.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3082718, member: 1"] [B][URL='http://www.reuters.com/article/us-fedex-results/cyber-attack-hurricane-weigh-on-fedex-quarterly-profit-idUSKCN1BU2RG']Cyber attack, hurricane weigh on FedEx quarterly profit - Reuters[/URL][/B] Package delivery company FedEx Corp on Tuesday reported a lower-than-expected quarterly net profit due to service disruptions from a cyber attack on its Dutch unit, the impact of Hurricane Harvey and higher costs, and also lowered its full-year earnings forecast. Shares of the company, often considered a bellwether for the U.S. economy as are those of rival United Parcel Service Inc, dipped more than 2 percent in after-hours trading. [/QUOTE]
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Cyber attack, hurricane weigh on FedEx quarterly profit
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