Finance Forex

XPO Logistics stock plunges as pull back by largest customer, weak Europe trump big buybacks

Shares of XPO Logistics Inc. plummeted in active trade Friday, as the loss of business from its largest customer and weakness in Europe led to a disappointing earnings report, and overwhelmed relatively large share buybacks. “Well look, there’s no other way to say it, we missed the quarter,” said Chief Executive Bradley Jacobs in a […]