Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
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 ...
Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, in what ...
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 ...
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A record-setting week for Wall Street closed on a quieter note Friday. FedEx dropped 15.2% after its profit and revenue for the latest quarter fell short of expectations. It said U.S.
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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.
NEW YORK: Wall Street’s main indexes eased on Friday as investors held back after a rally in the previous session that was ...