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Fed-Ex 3rd quarter earnings
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<blockquote data-quote="bacha29" data-source="post: 5780605" data-attributes="member: 58386"><p>Express will not disappear completely but it's size will be severely shrunk Many thousands of job long believed secure by those who held them will disappear as well. In their comments they said that they will focus not only on stock buybacks but will build their profits on historically lower margin classes of shipping. Translation:....Contractors... You're going to get fornicated big time while struggling to keep your trucks on the road and contract in compliance in the face ever more rigid and more difficult to fulfill demands.</p><p></p><p>This earnings earnings miss is without question a huge embarrassment for the company, will target those they believe responsible and inflict their wrath upon them.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5780605, member: 58386"] Express will not disappear completely but it's size will be severely shrunk Many thousands of job long believed secure by those who held them will disappear as well. In their comments they said that they will focus not only on stock buybacks but will build their profits on historically lower margin classes of shipping. Translation:....Contractors... You're going to get fornicated big time while struggling to keep your trucks on the road and contract in compliance in the face ever more rigid and more difficult to fulfill demands. This earnings earnings miss is without question a huge embarrassment for the company, will target those they believe responsible and inflict their wrath upon them. [/QUOTE]
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