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:

MIXED RESULTS?

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.

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Originally Posted at Associated Press on September 16, 2019 by Associated Press.