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FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
FedEx shares tumble over 15% on limp demand, delivery trade-down
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’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts see a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply
Breaking Down FedEx Earnings, Profit Outlook
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its prospects. The Memphis-based company cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, pricey delivery to cheaper, slower options.
FedEx flags major shift in consumer behavior that’s hurting profits
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx Stock Is Down. Earnings Show Why The Fed Cut Rates.
The economy just isn’t helping, and there is a troubling shift happening which shows why the Fed just cut benchmark interest rates. FedEx reported Thursday evening adjusted earn
1d
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as ...
8h
Markets ease after rate-cut rally; FedEx slips 15%
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...
The Enterprise on MSN
9d
East Bridgewater iPhone thief followed FedEx truck, police say. How to get yours safely
Police arrested one person and are looking for another they say followed a FedEx truck and stole a $1,200 iPhone. Here's how ...
The Enquirer Journal
23y
Minuteman Press franchise opens location in Monroe
Minuteman Press now has a franchise store in Monroe. The graphic design business, at 1610 Skyway Drive, opened to the public ...
Creative Bloq on MSN
2d
The iconic typefaces that defined each decade
F rom the 1920s to the 2020s, we choose iconic fonts that reflect each decade and ask the experts why they worked. Whether or ...
pna
2d
LTO to offer driver's license renewal for OFWs in Taiwan
Overseas Filipino workers (OFW) in Taiwan will be able to renew their driver’s licenses on Sept. 21 and 22 as part of the ...
8d
Biden Administration Ratchets Up Tariffs on Chinese Goods
The administration moved to block off a popular tariff-free path for Chinese apparel coming into the United States, and added ...
Hosted on MSN
10mon
What to Do When Your Expedited Passport Doesn’t Arrive in Time
SheBuysTravel Tip: Send all passport applications via USPS Priority Mail with a tracking number or use
FedEx
or UPS so you have a receipt ... you fill out the expediter’s online application.
Print
...
1d
on MSN
FedEx Stock Falls After Shipper Slashes Full-Year Outlook
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results ...
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