Fedex concluded that noncash charge of approximately $348 mln for impairment of value of goodwill would need to be recorded in q4

Fedex corp - concluded that noncash charge of approximately $348 million for impairment of value of goodwill would need to be recorded in q4.fedex corp - impairment charge recognized based on declining print revenue and temporary store closures at fedex office during q4.fedex corp - covid-19 pandemic is expected to continue to negatively impact fedex office's near-term operating performance.fedex corp - total asset impairment charges for q4 ended may 31, 2020 are expected to be about $370 million.
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