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 Corporation's (NYSE:FDX) value has fallen 11% in the last week, but insiders who sold US$3.1m worth of stock ...
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...
Existing home sales, housing starts, and homebuilder confidence are among the housing market data announced this week, while ...
Parcel and cargo delivery company FedEx (NYSE:FDX) fell short of the market’s revenue expectations in Q3 CY2024 with sales flat year on year at $21.58 billion. Its non-GAAP profit of $3.60 per ...
FedEx will be in particular focus ... stands ready to ease more aggressively on any sign of labor market softness." A fresh ...
FedEx is scheduled to report its fiscal first-quarter results after the bell on Thursday. Here's what you need to know: EARNINGS: The package-shipping company is expected to post per-share earnings of ...
FedEx remains profitable, is focused on cost savings, and now trades at an attractive price for long-term investors. Despite ...