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0 0 -0.00377324066029546 1.73761946127218E-06 0.000434404865334467 0.00217202432667246 0.00112945264986964 0.00206950477845345
Stock impact report

FedEx cuts full-year results forecast on 'uncertainty' in economy, bad weather [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes tariffs on trading partners. "Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," Chief Financial Officer John Dietrich said in a statement. FedEx shares fell 5.3% to $232.29 in after-hours trade, while rival United Parcel Service stock shed 1.1%. Those companies are seen as barometers for the global economy since their business touches so many types of businesses. Both companies have been slashing costs as less lucrative e-commerce delivery demand from companies like Temu and Shein outperforms that of higher-margin shipments between businesses. The industrial sector includes firms that produce products used to make other goods. It drives significant cargo volume and more profitable deliveries for FedEx and UPS. Many executives in th Show less Read more
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