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 ...
Unlimited access to all stories from nashuatelegraph.com on your computer, tablet or smart phone. Access nashuatelegraph.com, view our digital edition or use our Full ...
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.
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 ...