Bad Weather Slams FedEx Results - Presented by: The Aol. On Network

The massive winter storms and freezing temperatures that crippled transportation slammed FedEx. The weather robbed it of $125 million in operating profit, pushing down shipping volumes and pushing up costs. Bad weather often hurts third quarter earnings, but the storms this time were so severe and so frequent that FedEx slashed its profit forecast for the entire year. And it's cutting its spending plans.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
AAPL $ 100.86 0.77 ▼ 0.76%
BAC $ 16.71 0.03 ▼ 0.18%
YHOO $ 42.71 0.16 ▲ 0.38%
PBR $ 17.51 0.97 ▲ 5.86%
GRT $ 13.75 3.16 ▲ 29.84%
AA $ 16.16 0.23 ▼ 1.40%
SIRI $ 3.605 0.02 ▲ 0.56%
AMD $ 3.81 0.10 ▼ 2.56%

As of 9/16/2014, 04:15 PM
More Most Active