Mere days after Jim Cramer praised FedEx (NYSE: FDX) as a “great stock to own,” the company’s shares took a nosedive.
US stock futures traded in tight ranges Friday, consolidating after the previous session’s sharp gains in the wake of the ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
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FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
Shares of the company were down nearly 13% in premarket trading, with rival UPS down 2.4%. FedEx, which is seen as a ...
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
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.
The company did away with $1.8bln in structural costs in fiscal 2024 ended May, and plans to take out another $2.2bln in ...
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
BURKBURNETT, Texas (KAUZ) - First responders investigated a FedEx truck that caught fire on I-44 Thursday night. It happened ...