FedEx Corporation(FDX) is a company that is engaged in providing a wide range of
transportation, business, and e-commerce services to its customers all around
the world through an effective network of competing companies that working
independently under it. The company has four segments through which it is
conducting its business worldwide. Recently, the FedEx stock has undergone some fluctuations. Below are some details
for such happenings.
The company had bad reviews in the end of 2013 since it had
delayed freight delivery to most of its customers. The bad ratings given by the
consumers however did not have bad effect on the company’s stocks, as FDX stock price didn’t react much to
that. This reflected a clear message given by the investors that they do not
want to miss out on the promising future of the company due to shortsightedness
of a few customers’ reviews. The company is also in process of restructuring
program in order to take out more than $1.6 billion from 2013 costs of Express
Segment by the end of 2016. This will be helping the company gain more profits
in the future and therefore the investors are also getting wiser, as they
realize that FedEx will not disappoint them in the long term.
No comments:
Post a Comment