The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and lowered its full-year forecast as demand dropped, especially in the U.S.
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
Oregon Sen. Jeff Merkley and New York Sen. Kirsten Gillibrand launched an effort on Wednesday to end a ban preventing the ...
The market is due to peak on the 18th. Here are two stocks. One is a short sale that will take advantage of a weak market.
A dubious document claiming to be from a whistleblower at ABC News sent several figures on the right, including Ted Cruz and Bill Ackman, into a tizzy.
Senators Jeff Merkley (D-OR) and Kirsten Gillibrand (D-NY) launched an effort Tuesday to end the Prohibition-era ban that ...