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.

US stocks opened slightly lower on Friday, edging off of Thursday's highs as traders took a break following a busy week of trading around the Federal Reserve's interest rate decision.

By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...

FedEx (FDX) likely faces a "greater earnings risk" over the long term than previously expected, given the extent of its fiscal first-quarter miss and a potentially steep recovery path, Morgan Stanley ...

Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...

These results were bad no matter how you slice the data. In Q3, FedEx reported EPS at $3.60, down from $4.55 in the same quarter last year. This print missed analysts’ estimates. Over the next 12 ...

The Sanderson Farms PGA golf tournament at Jackson Country Club is coming up shortly. The main event kicks off on Thursday, ...

Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.