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 ...

By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...

Our work is focused on helping more Memphians have an equal chance to participate in our city’s education system and ...

FedEx reported drops in operating income and revenue during its first quarter of Fiscal Year 2025. In the Memphis-based ...

It’s finally Friday, and that means it’s time to take a look at several events happening across the greater Memphis area this ...

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

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

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 ...

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

By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...

Shares in the Memphis-based delivery giant tumbled almost 11 percent to $267.74 in after-hours trading, dragging shares in rival United Parcel Service down 2.5 percent.