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.
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.
