FedEx profit beats estimates, warns of pain in 2020 from trade war

June 26, 2019 admin Business News Comments Off on FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

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Source:: Reuters – Business News