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FedEx says cyber attack to hurt full-year results

Reuters 

(Reuters) - Package delivery company FedEx Corp said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.FedEx's shares fell as much as 3.4 percent to $211.53 in early trading as the company said the financial impact of the disruption on its results was likely to be "material".The Netherlands-based TNT Express is still experiencing widespread service delays following the attack, caused by the Petya cyber virus that spread through a Ukrainian tax software product, FedEx said.FedEx said it lost revenue due to decreased volumes at ...

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First Published: Mon, July 17 2017. 20:18 IST
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