"Our outlook ... assumes that the U.S. does not go off the fiscal cliff and into a recession," said Alan Graf, chief financial officer of the No. 2 U.S. package-delivery company.
(Reporting By Scott Malone; Editing by Gerald E. McCormick)
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
262 USD | +0.50% | -0.89% | +4.03% |
May. 01 | Stack Capital Group Invests US$8 Million Into Canva | MT |
Apr. 26 | FedEx Corporation Appoints Erwin to Serve as Chief Accounting Officer, Effective May 1, 2024 | CI |
(Reuters) - FedEx Corp's fiscal 2013 profit forecast presumes that the White House and lawmakers in Washington reach a deal to avoid the year-end "fiscal cliff" of higher taxes and sharp cuts to government spending.
"Our outlook ... assumes that the U.S. does not go off the fiscal cliff and into a recession," said Alan Graf, chief financial officer of the No. 2 U.S. package-delivery company.
(Reporting By Scott Malone; Editing by Gerald E. McCormick)
1st Jan change | Capi. | |
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+4.03% | 64.16B | |
-7.19% | 124B | |
-11.80% | 49.06B | |
-10.61% | 15.89B | |
+21.37% | 8.08B | |
-57.77% | 6.76B | |
-19.66% | 6.69B | |
+9.17% | 5.22B | |
-22.43% | 4.44B | |
-1.88% | 4.03B |