FDX

FedEx (stock symbol FDX)



FedEx (stock symbol FDX)

FedEx's profits are highly cyclical; they count on the power of the U.S. and world finances because financial wellbeing is a key determinant of bundle volumes. Package volumes and financial power are so firmly correlated that economists will study bundle capacity facts and numbers from businesses like FedEx as an sign of if financial undertaking is slowing down or heating scheme up.

A blend of high functioning costs and dropping incomes finally directed to a worsening of FedEx's come back on equity and come back on assets, which dropped to 0.7% and 0.4% from 7.7% ...