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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.
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...
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 ...
Patton Kizzire ended a long victory drought Sunday in the Procore Championship, closing with a scrambling 2-under 70 for a ...