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Hot Topic Budget 25
Hot Topic Budget 25
General Business
6 mins to read

Fedex shares drop after fourth profit downgrade this year

US-China trade pact doubts rise on farm product sales.

Nevil Gibson Thu, 19 Dec 2019

Stocks on Wall Street were little changed in listless trading that lifted gains by energy, real estate and communications companies. FedEx shares fell after a profit warning while Cigna's rose after an insurance deal.

Investors received positive news on the US economy in a new survey of nearly

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Nevil Gibson Thu, 19 Dec 2019
Contact the Writer: ngibson@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fedex shares drop after fourth profit downgrade this year
General Business,
82173
true