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FedEx CEO has really lost credibility here, says Michael Farr ctm magazine



Michael Farr, president and CEO of Farr, Miller & Washington, LLC, joins the ‘Halftime Report’ to discuss FedEx’s recent stock price action, what it would take to get him to sell and more.

source

35 Comments

  • William Morgan on September 20, 2022

    FedEx CEO is right.

  • DK H on September 20, 2022

    FedEx CEO don't want to admit he lost businesses to Amazon!

  • Sonny J on September 20, 2022

    UPS is probably foaming at the mouth. 😅🤣

  • parker1981xxx on September 20, 2022

    So true, he even lost the respect of his own board…

  • Daniel McPartlin on September 20, 2022

    Not sure about the title. Fed EX gained credibility by finally being honest. Better late than never.

  • JW888 on September 20, 2022

    Time to hire another Indian CEO…

  • Journey Inwards on September 20, 2022

    CEO lost credibility … BUT … I may be adding to it …. 😂😆😁

    Capitalistic greed at it's finest! Pigs 🐷🐖🐽

  • hangender on September 20, 2022

    Yea this Indian guy CEO sucks pi pi

  • Tracy bowie on September 20, 2022

    I retired FedEx, they know the market an always made adjustments in advance.. So get ready..

  • Luis Castillo on September 20, 2022

    Estar is destroying FedEx instead of helping FedEx.

  • PSY0PZ on September 20, 2022

    All the people telling you that there's not going to be a recession or that we aren't in one yet are selling off what they can before they finally admit it.

  • praveen ram on September 20, 2022

    The current rail strike is only temporarily suspended, this is one of the main means for companies like FedEx are suffering. If the strike happens we will see many logistics going the FedEx way.

  • smr144 on September 20, 2022

    Those who speak truth loose credibility. Go figure 🤔

  • From Dusk To Dawn on September 20, 2022

    Analysts don’t know squat, if they did they would run a real company.

  • Steven Pereira on September 20, 2022

    This is guy is a pos. Wake up to reality

  • 24theMoney on September 20, 2022

    Hope the hedge funds naked short FedEx to $0

  • Teresa Tang on September 20, 2022

    I guess some one don't like my comments 😂

  • Alpha Black on September 20, 2022

    It takes Guts to tell me the truth before earnings. I bought this company with Fred Smith, was in charge and I’ll hold with Raj, in control to deliver the goods.

  • Walter Mason on September 20, 2022

    Thanks as always . I suspect that Bitcoin might range for a little while between the recently broken support turned resistance and the lows from earlier this year. Ultimately though more likely to go lower I suspect. I personally have always ignore the market ups and downs and stay fully invested. Big thanks to Axel William for helping me earn over 8.9btc by implementing trade with his method and following his guide.His skills set is exceptional.

  • deep6this deep6this on September 20, 2022

    CEO is covering for what will be considered his mismanagement of the company. trying to blame the financial climate as the cause does him no good.

    other courier services will not show the decline FEDEX has, no will they. this is primarily a FEDEX problem that they must bear alone.

  • Samuel Kachel on September 20, 2022

    Biden is the worst President of all time!

  • darren here on September 20, 2022

    Cramer is totally wrong. Its more 80% Fedex issue, 30% macro. The disparaity between REVS and EPS make no sense whatsoever. It was pure mismanagement, and you will likely see UPS show you how to operate properly in a slowing environment.

  • Nick Cheema on September 20, 2022

    Ahh yes…..get in line as corporation after corporation will play the global recession card….speaking of which, Sleepy Joe doesn't think we have a recession or inflation for that matter. Wait till these companies start buying back their own shares before the end of the year……..bonuses are important.

  • I am Monika on September 20, 2022

    Fed EX CEO comes out and tells the truth
    Analysts: Credibility lost!
    🤣🤣

  • Teresa Tang on September 20, 2022

    I think indian CEO are overrated and over paid

  • Stephen on September 20, 2022

    His cadence when speaking reminds me of Trump

  • Johnny Cage on September 20, 2022

    Look a lot better at 135

  • Jamal Abu-dayyeh on September 20, 2022

    I never invest in any business led by an Indian or a Pakistani

  • Thomas Exum on September 20, 2022

    Shorts be careful. Look out for the weekend short squeeze. Bulls got the shorts on the close 9/14/22. Big money managers got screwed on the CPI number the other day. There were a number of them trying to squeeze shorts before the CPI number. They were wrong and the markets tanked. Now they are trying to create a short squeeze going into this Friday’s close. Looks like some of these guys are doubling down. I think the psychology is bid the market up on the last 30 minutes of trading day, make it seem like the bottom is solid and hope the short get scared going into the weekend. If they keep it above the lows put in today the shorts will puke. Just what I think they are thinking. Another thing I notice is right after they have finished buying they come on TV and start selling the case to the public bottoms are end and we are getting ready to run. Classic, that move happens over and over all the time. How many times do you see people come on TV and say you need to buy when it hits this level and they are right the majority of the time. Happens very little! Another thing I find funny is they are always looking at what retail is doing and they expect them to puke all the time. Is there any time the big money players and managers puke or get punished for taking bad positions as a group? I know the answer, which is no because they have all the money and manipulate markets. Market psychology is always interesting.😉

  • Paymon M on September 20, 2022

    he's concerned and yet he's adding to its position

  • Frank on September 20, 2022

    Only liars are credible. Understood. 😁

  • Herr Wahnsinn on September 20, 2022

    American corporate has none to begin with.

  • gopal rathi on September 20, 2022

    Money printing machine lost credibility

  • Michael Whitman on September 20, 2022

    He hasn’t lost credibility. His numbers are showing him a massive slowdown is coming. The market has changed plenty since January

  • Gary Davidson on September 20, 2022

    Shrinkflation driving CPI # in silence while calls to raise your rates scream out think about it

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