FedEx Corp. (FDX) announced that it expects to see a material financial impact from the 'Petya' cyber attack that crippled the computer systems of its European arm TNT Express, which FedEx acquired in May 2016.
The company made the announcement in its SEC 10K filing.
FedEx said that all of its other computer operations were unaffected by the virus. However, TNT operates from Ukraine which was the hub of the cyber attack.
"Although we cannot currently quantify the amounts, we have experienced loss of revenue due to decreased volumes at TNT and incremental costs associated with the implementation of contingency plans and the remediation of affected systems," FedEx said Monday.
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In a July 6 trademark application, Amazon subsidiary Amazon Technologies Inc. revealed it's planning "prepared food kits composed of meat, poultry, fish, seafood, fruit and/or and [sic] vegetables...ready for cooking and assembly as a meal," as well as primarily grain-based offerings.
The product's tagline: "We do the prep. You be the chef." Amazon already sells other companies' meal kits, including Tyson Foods Inc.'s (TSN) Tyson Tastemakers. Martha Stewart is even offering meal kits on Amazon Fresh, the company's grocery delivery service. But, this may be the first hint of something bigger for Amazon, which would put it in direct competition with newly minted IPO Blue Apron (APRN) .