FW: FedEx to terminate nearly 500 jobs, close two facilities
FREIGHTWAVES reports: (via Yahoo…) FedEx plans to get rid of more than 480 workers and close two ...
Let’s set the record straight: fiscal Q3 22 figures released by FedEx (FDX) last week were mostly uninspiring, apart from a couple of little nuggets that spiced up the ’what’s next for FDX?’ debate.
Here you go:
a) The bears had their thesis validated, all things being equal as they were, due to very little residual intrinsic value, with hindsight, up for grabs in the $220 a share area;
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