Economy

girl gone mad

(20,634 posts)

75. FedEx Lowers Outlook Due to Tepid Economic Growth

Thu Mar 22, 2012, 04:25 PM

Mar 2012

All is not well in the global economy and FedEx knows it. Reuters reports FedEx global economic view darker, shares drop

A strong holiday season and mild winter helped FedEx Corp beat Wall Street's profit forecast, but the world's No. 2 package delivery company warned that it had lowered its outlook for the rest of this year due to tepid economic growth.

"The fourth quarter is still very good, but what we're seeing at the moment ... is we just don't have as strong an economy as we would have hoped it would be a year ago," Chief Financial Officer Alan Graf told analysts on a conference call.

"The economic environment and the elasticity that we're seeing on our premium services due to high fuel costs are dampening momentum a bit."

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

82 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH - Thursday, 22 March 2012 [View all] Tansy_Gold Mar 2012 OP

Don't tell me how it ends Po_d Mainiac Mar 2012 #1

SPOILER ALERT!!! Tansy_Gold Mar 2012 #10

It was the fashion of the time Demeter Mar 2012 #12

Yes, they all looked remarkably well heeled Tansy_Gold Mar 2012 #43

Out of the blue Po_d Mainiac Mar 2012 #2

Thanks for following up on that, Po. It plays into Tansy's "shocked, shocked!" theme, too! Demeter Mar 2012 #3

I'd actually be more worried about large hail. Fuddnik Mar 2012 #8

Softball size hail! DemReadingDU Mar 2012 #41

Reminds me of a friend of mine on the railroad. Fuddnik Mar 2012 #59

Maybe that bolt from the blue is an acceptance notice.... AnneD Mar 2012 #48

No, They just send an owl Demeter Mar 2012 #68

Get with the times Demeter.... AnneD Mar 2012 #72

If you're a Death Eater, Maybe Demeter Mar 2012 #77

Wizarding England perhaps... AnneD Mar 2012 #79

U.S. to impose tariffs on solar panels from China Demeter Mar 2012 #4

Goldmans sez BUY to Pump (and Dump) Stock Trades TalkingDog Mar 2012 #5

Somebody call Jim Cramer. Fuddnik Mar 2012 #9

Blind leading the blind.... AnneD Mar 2012 #49

Top court rules against two diagnostic patents Demeter Mar 2012 #6

Greece�s international creditors say risk-prone program may lead to missing 2020 debt target Demeter Mar 2012 #7

Markets Are Selling Off After An Ugly Number From China girl gone mad Mar 2012 #11

China Quietly Relaxes Controls on Foreign Capital Demeter Mar 2012 #31

IS THIS WHY? Fool�s gold behind Beijing loan guarantees Firm accused of �wealth management� schemes Demeter Mar 2012 #32

1 more day til friday xchrom Mar 2012 #13

Good morning, x Demeter Mar 2012 #14

indeed. -- now NC isn't Mich -- but i certainly had the heat cut on in the mornings xchrom Mar 2012 #18

Mom reports snow... AnneD Mar 2012 #50

There was snow on Superstition Mountain earlier this week Tansy_Gold Mar 2012 #54

Kewl........ AnneD Mar 2012 #64

can't come soon enough! Roland99 Mar 2012 #55

Mon Dieu! Sacre Bleu! Have a wonderful time. xchrom Mar 2012 #56

Et moi aussi! Tansy_Gold Mar 2012 #57

A wonderful time is guaranteed! Roland99 Mar 2012 #58

April in Paris Tansy_Gold Mar 2012 #61

I have seen most of the must sees... AnneD Mar 2012 #65

saw the catecombs today! Roland99 Mar 2012 #81

I am pea green with envy.... AnneD Mar 2012 #82

Shell signs first shale gas production pact in China xchrom Mar 2012 #15

Japan posts surprise trade surplus in February xchrom Mar 2012 #16

IMPORTANT, MUST READ Generic Drugs Prove Resistant to Damage Suits Demeter Mar 2012 #17

+1 kickysnana Mar 2012 #53

Deutsche Bank avoids US capital rules Demeter Mar 2012 #19

Deutsche Maneuvers Around New Law FarCenter Mar 2012 #51

Alaska champions $40bn pipeline plan Demeter Mar 2012 #20

MF Global treasurer subpoenaed in probe Demeter Mar 2012 #21

She does not have Jon's connections..... AnneD Mar 2012 #52

Chevron staff charged over Brazil spill Demeter Mar 2012 #22

Morgan Stanley in �2.57bn Italy payout Demeter Mar 2012 #23

Delicate balancing act for Greek banks Demeter Mar 2012 #24

How many banks can balance on the head of a pin? tclambert Mar 2012 #29

UH-OH: Global Markets Are Diving After Terrible Numbers From China And Europe xchrom Mar 2012 #25

Red Storm Rising On Global PMI Contraction Ghost Dog Mar 2012 #33

"very surprising and ever brighter shade of ungreen" Demeter Mar 2012 #35

MORE BAD NEWS: British Retail Sales Fall 0.8%, Markets Get Worse xchrom Mar 2012 #26

Sterling drops as weak data fuels QE speculation Ghost Dog Mar 2012 #71

MUST READ/LISTEN: Why Nations Fail NPR ON POINT PODCAST Demeter Mar 2012 #27

"US Senators roll call votes correlate strongly with the opinions of their rich constituents" bread_and_roses Mar 2012 #40

Of all the discussion threads on all the websites on all the internet, tclambert Mar 2012 #28

Who? Moi? Demeter Mar 2012 #30

miss tansy -- the casa blanca tribute. nt xchrom Mar 2012 #34

Well, It's HER Thread! Demeter Mar 2012 #37

You posted for her; now post it for me -- post it Dem. eom InkAddict Mar 2012 #42

I can here Roland 99 saying.... AnneD Mar 2012 #73

Well, They Will Demeter Mar 2012 #78

Eurozone crisis live: Recession fears grow as Portugal strikes xchrom Mar 2012 #36

China faces 'timebomb' of ageing population xchrom Mar 2012 #38

Ghalia Mahmoud: Egypt's unlikely celebrity chef xchrom Mar 2012 #39

Volcker Says U.S. Needs Reforms in Finance, Government xchrom Mar 2012 #44

European Crops Damaged by Winter Freeze Now Face Drought xchrom Mar 2012 #45

Indian Stocks Plunge Most in Asia Amid Global Sell-Off xchrom Mar 2012 #46

Separatists marching under the EU banner xchrom Mar 2012 #47

This is taking it too far. What do you call this dish? Fuddnik Mar 2012 #60

I call it instant diet, or Tansy_Gold Mar 2012 #62

What is that? A Python? Demeter Mar 2012 #69

Python vs Deer. Fuddnik Mar 2012 #70

Mental Note.... AnneD Mar 2012 #74

A Max Keiser episode MUST WATCH....... AnneD Mar 2012 #63

Yeah, and who is going to give me the TIME to watch the MUST WATCH? Tansy_Gold Mar 2012 #76

Book mark it...... AnneD Mar 2012 #80

Russia's one-sided trade affair xchrom Mar 2012 #66

US grip on World Bank challenged Demeter Mar 2012 #67

FedEx Lowers Outlook Due to Tepid Economic Growth girl gone mad Mar 2012 #75