FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
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.
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
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FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...