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FedEx Discussions
Rumors of buy out?
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<blockquote data-quote="bacha29" data-source="post: 4402652" data-attributes="member: 58386"><p>90 days? Dow futures went "limit down" a short time ago as the CDC wants gatherings limited to 50 people and nonessential businesses to close down. </p><p>The second emergency rate cut the Fed announced this PM is having no effect .</p><p>Going forward it would appear to be a situation where cash will be king for the time being and the companies that were overly focused on stock buybacks may come to regret having done so if they lack sufficient cash to weather the gathering pandemic storm that some say will last for as long as 6 months.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4402652, member: 58386"] 90 days? Dow futures went "limit down" a short time ago as the CDC wants gatherings limited to 50 people and nonessential businesses to close down. The second emergency rate cut the Fed announced this PM is having no effect . Going forward it would appear to be a situation where cash will be king for the time being and the companies that were overly focused on stock buybacks may come to regret having done so if they lack sufficient cash to weather the gathering pandemic storm that some say will last for as long as 6 months. [/QUOTE]
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