FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...
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 ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
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’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the ...