The conference call with FedEx (FDX) that followed the release of underwhelming interims yesterday after the US market close, was the classic broken record, if we exclude a soft update concerning its freight unit spin-off.
(Not that different from what we found out six months ago, in fact.)
Over one hour of talk, and towards the end of the event CEO Raj Subramaniam – when challenged about targets that were disclosed when …
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