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flag FedEx cuts profit outlook again, citing economic uncertainty and lower demand amid trade tensions.

flag FedEx has lowered its profit outlook for the third time, citing economic uncertainty and reduced demand due to the ongoing trade tensions. flag The parcel company now expects adjusted earnings of $18 to $18.60 per share and slightly lower revenue compared to last year. flag This move signals broader economic concerns, as FedEx's performance is seen as an indicator of overall economic health. flag The company's shares dropped over 4% in after-hours trading following the announcement.

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