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FedEx shares tumble 16% on limp demand, delivery trade-down
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after a dismal first-quarter profit drop due to anemic economic conditions and an ongoing customer shift toward slower,
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 slumps 15% amid weak demand for pricey priority deliveries
Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, in what analysts attributed to a combination of broader economic concerns and an unfavorable shift in the company's sales from higher-priced deliveries.
FedEx reports drop in quarterly earnings on lower demand for priority services
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the package industry remained muted, especially for priority services. The company's shares fell about 11% to $268.
FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings. Can Kamala Harris beat Donald Trump? Latest poll updates Archaeologists Figured Out How Early Humans Killed Ice Age Mammoths. It’s Not How You Think.
FedEx shares tumble amid weak demand for priority deliveries
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. Shares of the company were down nearly 13 per cent in premarket trading,
2d
on MSN
FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
FedEx Corporation (NYSE:FDX) will release earnings results for its first quarter, after the closing bell on Thursday, Sept.
2d
Mortgage rates, FedEx earnings, Trump Media: What to Watch
Freddie Mac will be reporting this week's mortgage rate print tomorrow after the 30-year fixed rate mortgage cooled to 6.2% ...
1d
FedEx (NYSE:FDX) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Real-time index price for S&P 500 Index (INX), along with buy or sell indicators, analysis, charts, historical performance, news and more ...
5d
on MSN
How FedEx CEO Raj Subramaniam Is Adapting to a Post-Pandemic Economy
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
Washington Times
1d
Wall Street edges back from its records as FedEx slumps
The Nasdaq composite was 0.3% lower, as of 10:30 a.m. Eastern time.
FedEx
dragged on the market with a drop of 14.8% after ...
JD Supra
11d
EEOC Sues FedEx For Disability Discrimination
Federal Lawsuit Charges FedEx With An Unlawful 100%-Healed Policy Against Drivers With Medical Restrictions - MINNEAPOLIS – ...
Yahoo
19d
I Saw The Peak Of Incompetence At Fedex
Renewing a passport has a relatively simple process. Fill out a six-page form.
Print
your new passport photo. Mail the above in with a check for the renewal fee. Pretty easy, right? I don’t own ...
5d
Patton Kizzire ends drought with record five-stroke victory in FedEx Cup Fall opener
The 38-year-old former Auburn player earned a PGA Tour card for the next two years. He also gets spots in the Masters and PGA ...
Logistics Manager
9d
FedEx to work with robotics company to expand fulfilment offering across North America
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By ...
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