FedEx Shares Rise After Fiscal-Year Guidance Ahead of Views morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The company has hired more than 60,000 frontline workers since mid-September. Higher wage rates and network disruptions tied to labor shortages resulted in $470 million in additional costs in the three months ended Nov. 30, but the company expects those cost pressures to moderate in the second half of its fiscal year.
FedEx shares fall as labor woes weigh on 2022 outlook marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
FedEx shares fall as labor woes weigh on 2022 outlook - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.