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 ...
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
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.
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
Oregon Sen. Jeff Merkley and New York Sen. Kirsten Gillibrand launched an effort on Wednesday to end a ban preventing the ...
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.
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.