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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.
Hoodline
18m
Arlington City Council Approves $722M Budget for FY25: Enhances Services with Property Tax Hike and Utility Fee Increases
The Arlington City Council approved a $722 million budget for Fiscal Year 2025, with property tax rates rising for the first ...
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.
The Financial Express
3h
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 ...
Star Local Media
12h
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 ...
4h
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 ...
World Bank
4h
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 ...
1h
Cash transfer to women can cost 1.7% of FY25 GDP to Haryana: MC Analysis
With parties offering freebies, cost of poll promises will be even higher as they provide cylinders for Rs 500, more jobs, ...
1d
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 ...
3h
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 ...
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