{"id":3927,"date":"2012-03-22T14:38:13","date_gmt":"2012-03-22T18:38:13","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3927"},"modified":"2012-03-22T14:38:13","modified_gmt":"2012-03-22T18:38:13","slug":"fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/","title":{"rendered":"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg"},"content":{"rendered":"<p>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.<\/p>\n<p>\u201cWe just don\u2019t have a strong economy as we had hoped it would be a year ago,\u201d Chief Financial Officer Alan Graf said on an earnings call. \u201cThe economic environment and the elasticity that we\u2019re seeing on our premium services from the high-fuel costs\u201d are weighing on this quarter\u2019s earnings outlook.<\/p>\n<p>via <a href='http:\/\/mobile.bloomberg.com\/news\/2012-03-22\/fedex-forecast-in-line-with-estimates-as-express-shipments-slow?category=\/'>FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 a year ago,\u201d Chief &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"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":[5,34],"tags":[410,1362,1485],"class_list":["post-3927","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-bellwether","tag-fedex","tag-fuel-costs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg - 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 Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg - the patient investor\" \/>\n<meta property=\"og:description\" content=\"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 a year ago,\u201d Chief &hellip; Continue reading &quot;FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-03-22T18:38:13+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg\",\"datePublished\":\"2012-03-22T18:38:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\"},\"wordCount\":115,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"bellwether\",\"Fedex\",\"fuel costs\"],\"articleSection\":[\"Economy\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\",\"name\":\"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-03-22T18:38:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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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 a year ago,\u201d Chief &hellip; Continue reading \"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2012-03-22T18:38:13+00:00","author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg","datePublished":"2012-03-22T18:38:13+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/"},"wordCount":115,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["bellwether","Fedex","fuel costs"],"articleSection":["Economy","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/","name":"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2012-03-22T18:38:13+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/fedex-pares-global-gdp-outlook-as-slowdown-damps-profit-forecast-bloomberg\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast- Bloomberg"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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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 &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19004,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/09\/28\/fedex-breaks-support\/","url_meta":{"origin":3927,"position":1},"title":"Fedex breaks support","author":"Colin Twiggs","date":"September 28, 2019","format":false,"excerpt":"Bellwether transport stock Fedex (FDX) broke long-term support at 150, warning of a decline with a long-term target of 100. A down-trend on Fedex has bearish implications for the broader economy, signaling that activity is declining. We have been here before: November 2007 - Fedex Warns of Worse to Come.\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5388,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/04\/fedex-first-quarter-earnings-view-citing-weak-global-economy-wsj-com\/","url_meta":{"origin":3927,"position":2},"title":"FedEx First-Quarter Earnings View Citing Weak Global Economy &#8211; WSJ.com","author":"Colin Twiggs","date":"September 4, 2012","format":false,"excerpt":"FedEx Corp. FDX -0.10% on Tuesday said a sharp decline in manufacturing activity would harm its profits this year, a sign of how declining Chinese output is ricocheting across economies around the world. The world's largest air-cargo shipper by revenue said earnings in the August-ended quarter came in below its\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18719,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/08\/17\/approaching-stall-speed\/","url_meta":{"origin":3927,"position":3},"title":"Approaching stall speed","author":"Colin Twiggs","date":"August 17, 2019","format":false,"excerpt":"With 89.7% of companies having reported, S&P are projecting 4.4% earnings growth for June quarter 2019 compared to the second quarter in 2018. Even more interesting is their projection of 3.4% growth for the September quarter. With EPS growth boosted by a stock buyback yield of 3.5%, this warns that\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37520,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/09\/16\/fedex-recession-warning\/","url_meta":{"origin":3927,"position":4},"title":"Fedex recession warning","author":"Colin Twiggs","date":"September 16, 2022","format":false,"excerpt":"In the clearest recession warning to-date, bellwether transport stock FedEx (FDX) fell more than 15% in after-hours trading, to a two-year low of $170.90. FedEx's quarterly earnings announcement highlighted a sharp drop in parcel volumes, causing the company to withdraw its fiscal year 2023 earnings forecast. \u201cGlobal volumes declined as\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Fedex","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-09-15-fdxm.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-09-15-fdxm.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-09-15-fdxm.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":12336,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/09\/14\/not-much-wrong-with-the-us-economy\/","url_meta":{"origin":3927,"position":5},"title":"Not much wrong with the US economy","author":"ColinTwiggs","date":"September 14, 2015","format":false,"excerpt":"Profit margins in the US are contracting, with the second quarter showing a 6.0% decine in profit per unit of real gross value added (Nonfinancial). Contraction of greater than 10% would be cause for concern, but we need to dig a little deeper. Earnings per share for the S&P 500\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"Declining US Profit Per Unit of Real Gross Value Added (Nonfinancial)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=3927"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3927\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}