A distressing signal came from FedEx Corp, the world’s No. 2 package delivery company, which many on Wall Street look to as an economic bellwether. FedEx lowered its full-year profit outlook last week, citing high fuel costs and a struggling global economy.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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