FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
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 (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...