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The FedEx Effect: How The Shipping Giant Impacts ETFs
2015-09-21 22:00:28| Air Courier - Topix.net
Last week, logistics and shipping giant FedEx Corporation , one of the biggest components in the Dow Jones Transportation Average, lowered its fiscal 2016 earnings per share guidance to $10.40$10.90 a share from a prior range of $10.60$11.10 per share. Shares of FedEx are off nearly 4 percent over the past week, a decline that has been a drag on some exchange-traded funds.
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Category:Transportation and Logistics
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