The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
The Okaloosa County Sheriff’s Office has arrested a man after firing shots into an occupied FedEx delivery truck in Cinco ...