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U.S. DoJ Files Criminal Indictment Against FedEx (FDX) Over Online Pharmacy Shipments; Could Face Up to $1.6B Fine

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Go back to U.S. DoJ Files Criminal Indictment Against FedEx (FDX) Over Online Pharmacy Shipments; Could Face Up to $1.6B Fine

FedEx (FDX) Indictment is Credit-Negative Event - Moody's

July 18, 2014 3:18 PM EDT

Moody's Investors Service said terms of the drug-trafficking charges lodged against FedEx (NYSE: FDX) provide negative headline risk; however the Baa1 senior unsecured rating and stable outlook are unaffected.

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