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FedEx: Cyber attack to destroy its fiscal 2018 results

FedEx Corporation is an American multinational courier delivery services company American company, announced that financial data for 2018 was damaged because of disruption of operation in its TNT Express in the Netherlands after recently committed cyber attack.

TNT Express remains in a very difficult situation after the virtual attack. FedEx stated that it is unable to estimate when the work in the department will be fully restored. Shares of FedEx fell 2.7 percent to $213.07 in early trading.


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