Roll 1

Don’t forget that fiscal 2020 was always meant to be one of the most difficult years ever in FedEx’s (FDX) history – just over $3bn of adjusted ebit versus typically more than $5bn, is one of the first disturbing findings in its 8-K annuals released yesterday after the US markets closed.

While corporate and strategic options are sought, solutions aren’t in short supply, as I previously argued, on the road to a break-up.

Dismal, but…

Based on its unaudited numbers, earnings per share (EPS) ...

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