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 attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...
FedEx (FDX) likely faces a "greater earnings risk" over the long term than previously expected, given the extent of its fiscal first-quarter miss and a potentially steep recovery path, Morgan Stanley ...
Real-time index price for S&P 500 Index (INX), along with buy or sell indicators, analysis, charts, historical performance, news and more ...
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
FedEx dragged on the market with a drop of 14.8% after its profit and revenue for the latest quarter fell short of analysts’ ...
Visit upsexpresscritical.com for more information. Most of FedEx's pickup and delivery services will not be available on Sept. 2, according to the company's website. FedEx Office hours will also ...
Police routinely detain and open boxes in Indianapolis, where FedEx operates its second-largest hub. When local agencies find cash, they keep it permanently through civil forfeiture, a law ...
With the FedEx Cup Playoffs collectively shelling out $100 million in bonuses, players will vie for their slice of the nearly $83 million prize pool with $25 million going to the eventual winner ...
Shares of the company were down nearly 13% in premarket trading, with rival UPS down 2.4%. FedEx, which is seen as a ...