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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.
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.
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 ...
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 ...
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, ...
Freddie Mac will be reporting this week's mortgage rate print tomorrow after the 30-year fixed rate mortgage cooled to 6.2% ...
Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.