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 (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 (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 said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...

FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers ...

The growth of e-commerce and global trade continues to drive demand for expedited shipping services ... the same quarter last year. This print missed analysts’ estimates. Over the next 12 months, Wall ...

FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter, dragged down by a shift in the mix of it business that saw reduced demand for priority services, increased ...

FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...

FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...