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FedEx Package Volume Down 5% in US; FedEx Shipments vs. Real GDP: Petroleum down 3.5%

FedEx Package Volume Down 5% in US; FedEx Shipments vs. Real GDP; Preliminary Petroleum Use Figures for September

MarketWatch reports FedEx profit down 1.1% on manufacturing slowdown

•FedEx says a weak economy drove a shift to non-premium services
•Volume in its priority international export segment was down 2%
•Company plans to detail its cost-cutting effort during a meeting next month
•"Exports and trade have gone down at a faster rate than global trade has" says CEO
•Company lowered its full-year earnings view, now seeing $6.20 to $6.60 a share, down from an already-disappointing forecast of $6.90 to $7.40 in June
•Daily package volume fell 5% in the U.S. but rose 1% abroad on improvement in Europe and Asia

Read more at http://globaleconomicanalysis.blogspot.com/2012/09/fedex-pac...

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Really? I ordered tons of

Really? I ordered tons of crap off of amazon each week.

Southern Agrarian

Was it silver?

LOL.