This Week: FedEx results, Fed policy update, US home sales
September 17, 2019 by Associated Press
A look at some of the key business events and economic indicators upcoming this week:
Wall Street expects that FedEx’s latest quarterly report card will show mixed results.
Analysts predict the package delivery giant will report Tuesday that its fiscal first quarter earnings declined from a year earlier, even as revenue was essentially flat. Last month, FedEx disclosed it will no longer make ground deliveries for Amazon. The move comes as FedEx tries to win more e-commerce deliveries from other retailers.