FedEx Profit Climbs 76% – NYTimes.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"FedEx expects continued moderate economic growth, with trade flows staying volatile, executives told analysts in a conference call after the company reported results on Thursday. FedEx, driven by online holiday orders, delivered about 17 million packages on Dec. 12 \u2014 twice the average daily shipments \u2014 in what was its busiest day in its 40-year … <\/p>\n
Continue reading “FedEx Profit Climbs 76% – NYTimes.com”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[1362,2569],"class_list":["post-2666","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-fedex","tag-online-shopping"],"yoast_head":"\nFedEx Profit Climbs 76% - NYTimes.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FedEx Profit Climbs 76% - NYTimes.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"FedEx expects continued moderate economic growth, with trade flows staying volatile, executives told analysts in a conference call after the company reported results on Thursday. 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SCHWARTZ The boom in American corporate profits, which has far outpaced the gains in the broader economy since the end of the last recession, is faltering. Giants like FedEx and Intel, two bellwethers of the global economy, are warning of lower quarterly profits because of weakness in\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1529,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/24\/e-commerce-shipments-to-drive-record-fedex-holiday-volume-fedex-global-newsroom\/","url_meta":{"origin":2666,"position":1},"title":"E-Commerce Shipments to Drive Record FedEx Holiday Volume | FedEx Global Newsroom","author":"ColinTwiggs","date":"October 24, 2011","format":false,"excerpt":"MEMPHIS, Tenn., Oct. 24, 2011 \u2013 FedEx Corp. (NYSE: FDX) expects to move more than 17 million shipments \u2013 almost double its daily average volume \u2013 through its global networks on December 12, the projected busiest day in company history. The 10 percent year-over-year increase will be driven by FedEx\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3927,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/","url_meta":{"origin":2666,"position":2},"title":"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg","author":"Colin Twiggs","date":"March 22, 2012","format":false,"excerpt":"FedEx said express shipments declined both domestically and internationally because of \u201cbelow-trend\u201d growth. The operator of the world\u2019s biggest cargo airline said it was parking an unspecified number of planes, paring flight hours and reviewing domestic capacity.\u201cWe just don\u2019t have a strong economy as we had hoped it would be\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4372,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/16\/fedex-ceo-on-chinas-effect-on-global-market-wsj-online\/","url_meta":{"origin":2666,"position":3},"title":"FedEx CEO on China's Effect on Global Market – WSJ Online","author":"Colin Twiggs","date":"May 16, 2012","format":false,"excerpt":"FedEx CEO Frederick W. Smith talks about how exports to China remain stagnant given China's recent protectionist policies and its focus on \"indigenous innovation.\" He speaks with WSJ's Alan Murray at Viewpoints West. 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UPS is even stronger, having broken out from its trading range of the last 2 months to signal a re-test of its 2011 high. Not enough to indicate an up-turn but encouraging all the same.","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39808,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/12\/21\/fedex-slumps\/","url_meta":{"origin":2666,"position":5},"title":"Fedex slumps","author":"Colin Twiggs","date":"December 21, 2022","format":false,"excerpt":"Bellwether transport giant Fedex (FDX) reported soft earnings and warned of \"persistent weak demand\" in its quarterly update. Quarterly earnings fell 21% in Q2 of FY23, compared to the November quarter in FY22, while sales fell 3%. 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