In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
Trade downs to more cost-effective services were a key factor in declining fiscal first quarter earnings, Memphis-based global freight transportation and logistics services provider FedEx reported ...
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
The FTSE 100 ( ^FTSE) and European stocks fell on Friday, following UK public sector data showing debt reached 100% of GDP last month, with debt up £3.3bn from August 2023. US stocks pulled back from ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
Mercedes-Benz revised down its full-year profit outlook for the second time in under two months, following a continued slump ...
FedEx stock was falling sharply in premarket trading Friday after the company reported worse-than-expected fiscal ...
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.
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...