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 ...
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 said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...
NEW YORK, Sept. 20 (Xinhua) -- U.S. stocks ended mixed on Friday, as the initial excitement over the first major easing of interest rate policy began to wane. Wall Street is now grappling with ...
In a ruling that was welcomed by victims, the High Court found that rules on disclosure of information to the Independent ...
The region-wide Stoxx 600 index fell 0.5 per cent, weighed down by companies including Porsche, Renault and Volvo.