Freddie Mac will be reporting this week's mortgage rate print tomorrow after the 30-year fixed rate mortgage cooled to 6.2% last week. Additionally, initial jobless claims for the prior week will be ...
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 ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
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 ...
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ ...