FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
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NEW YORK, Sept. 20 (Xinhua) -- U.S. stocks ended mixed on Friday, as the initial excitement over the first major easing of interest rate policy began to wane. Wall Street is now grappling with ...
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.
European shares declined on Friday following a previous rally driven by the U.S. Federal Reserve's interest rate cut. Novo ...
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 ...
Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, in what ...
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 ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
A slowing economy and shift in technological advancements are set to change the battle over the future of work again.
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 ...