FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
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 (NYSE:FDX) slumped in early trading on Friday after the Memphis-based company's downside guidance rattled investors.
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
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FedEx quarterly profit drops
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.
Multiple former Memphis police officers condemned the policing tactics of their own department during high-profile testimony ...
In celebration of the team's 30th anniversary, the Grizzlies will pay tribute to their Vancouver roots in 2024-25.
The Pac-12’s resurgence — taking four Mountain West members — has left one school, it seems, with a decision that could ...
TIME's senior sports correspondent Sean Gregory tries his hand at several Olympic sports while learning from Olympians. Subscribe now to get unlimited access to TIME.com and more! Tidal action ...
With less than 50 days until voters take to the polls, second gentleman Doug Emhoff has been on the campaign trail supporting his wife, Vice President Kamala Harris, as she campaigns to be the ...