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01:24 BAML cites concerns over FedEx management changes - FedEx Corporation (NYSE:FDX)

英文24小时播报 1月前 1542

Bank of America Merrill Lynch weighs on on the unexpected departure of FedEx (FDX -3.4%) COO Dave Bronczek from the company.

The firm calls the recent flurry of management changes very rare for FedEx with founder Fred Smith still at the helm.

"The rapid pace of management changes signals that there may be additional fundamental issues afoot at FedEx, in our view," writes BAML analyst Ken Hoexter.

$FDX

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