FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.

FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...

MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it ...

The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.

FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...

(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...

The Memphis Grizzlies will have their first jersey patch partner since 2021 after agreeing to a multi-year deal with ...

FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.

NORTHAMPTON, MA / ACCESSWIRE / September 19, 2024 / The world's best men's professional golfers are amid a run at the PGA TOUR's Ultimate Prize, with the FedExCup Playoffs beginning last week and ...

2024 / FedEx Corporation Originally published in FedEx's 2023 FedEx Cares Report Our opportunity $96b Greater Memphis GDP is $96b and growing faster than much of the U.S.1 50k Memphis aims to add ...

A broad effort to slash costs gained traction but only partially blunted those headwinds, the Memphis-based company said in a ...

It’s been a busy week for the Grizzlies. All of it.. off the court. The team hosted a voter education rally at FedExForum on ...