FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
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 ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Shares of United Parcel Service (NYSE: UPS) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and ...
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.
Shares in the Memphis-based delivery giant tumbled almost 11 percent to $267.74 in after-hours trading, dragging shares in rival United Parcel Service down 2.5 percent.
Shares of FedEx slumped 15% today, on track for their worst day in two years, after dismal first-quarter results, in what ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
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.
David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and ...
As e-commerce continues to reshape the global retail landscape, many investors are searching for ways to profit from the ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in ...