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 ...
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
17hon MSN
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
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