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FedEx Stock Plunges 11% on FY25 Guidance Cut
FDX Earnings: FedEx Stock Plunges 11% on FY25 Guidance Cut
Shares of logistics giant FedEx ($FDX) plunged 11% in Thursday’s extended trading session after the company lowered its full-year guidance
FedEx shares slump on missed FQ1, lowered FY25 guidance
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in after-hours trading and likely ending a nine-day winning streak when the stock opens for regular trading on Friday.
FedEx Stock Is Down. Earnings Show Why The Fed Cut Rates.
FedEx stock was falling sharply in premarket trading Friday after the company reported worse-than-expected fiscal first-quarter earnings.The economy just isn’t helping, and there is a troubling shift happening which shows why the Fed just cut benchmark interest rates.
The Financial Express
1h
Adani Ports says FY25 volume guidance remains strong despite worker’s strike impacting H1
While H1FY25 volumes were temporarily impacted by a worker strike and weather conditions, the situation is normalized now and ...
1d
Ottawa County sends FY25 budget to full board with little fanfare
The budget was approved by the finance and administration committee during a special meeting Tuesday, Sept. 17.
2h
OICCI Shares Plan for FBR to Raise Up to Rs. 4 Trillion Tax Revenue in FY25
The Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday posted a plan on LinkedIn that would help the ...
1h
Tax refunds surge 56% to over `2 lakh cr in FY25
The Income-Tax (I-T) department’s efficiency has rapidly increased in the last decade as refunds out of direct tax collection ...
Star Local Media
9h
The Colony City Council approves FY25 budget, tax rate
During The Colony City Council meeting on Tuesday, Sept. 17, council officially approved the proposed 2024-2025 tax rate and ...
55m
Pakistan’s Rice Exports Surge Almost 100% in Two Months of FY25
Pakistan’s rice exports during the first two months of the current financial year (FY25) increased by 98.58 percent as ...
22h
Cracker Barrel Guides FY25 Revenue Well Below Estimates; Declares Dividend - Update
While reporting financial results for the fourth quarter on Thursday, Cracker Barrel Old Country Store, Inc. (CBRL) initiated its ...
World Bank
2h
Zambia - Country Partnership Framework for the Period FY25-FY29
The Country Partnership Framework (CPF) lays out the priorities for the World Bank Group’s (WBG’s) engagement to support ...
5h
Interarch Building bags orders worth Rs 634 cr so far in FY25; stock up 10%
In Q1FY25, the company secured new orders of Rs 341 crore, and in Q2FY25 till September 14, 2024, the company bagged orders ...
21h
Darden Restaurants Backs FY25 View As Q1 Profit Rises, But Misses View; In Deal With Uber; Stock Up
Darden Restaurants Inc. (DRI) on Thursday maintained its fiscal 2025 outlook after reporting higher first-quarter earnings, though it ...
2d
on MSN
Tata Punch FY25 best selling SUV with affordable sunroof better infotainment wireless charger rear AC vents and first in segment features
Discover the new Tata Punch, FY25's best-selling SUV, packed with premium features like a 10.25” infotainment system, ...
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