FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...

Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...

Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the ...

The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...

Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.

FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...

FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.

Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode. [Operator instructions] After today's presentation, there will be an ...

Fintel reports that on September 20, 2024, HSBC downgraded their outlook for FedEx (BRSE:FDX) from Buy to Hold. What is the Fund Sentiment? There are 2,703 funds or institutions reporting positions in ...

Consumers in core markets of Germany, France, Italy and Spain drove an 18% on-year drop in the bloc's monthly registrations, which reflect sales, the European Automobile Manufacturers' Association ...

Fed boss Jerome Powell described Wednesday's outsize half-point interest rate cut as a 'recalibration' rather than some ...

FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, 9 (FedEx’s fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement ...