FedEx turned in weak quarterly results Thursday, which has led to a steep stock drop as well as a bevy of price target cuts ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
Stocks were mostly lower Friday, a day after the Dow Jones Industrial Average and S&P 500 closed at record highs following ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...
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