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.

U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in ...

FedEx said a weaker industrial economy produced a "challenging" quarter that caused it to trim its outlook for later this ...

Shipping giants FedEx Corp (NYSE:FDX) and United Parcel Service, Inc.(NYSE:UPS) shares are trading lower Friday after FedEx ...