Our work is focused on helping more Memphians have an equal chance to participate in our city’s education system and ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
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.
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 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.
FedEx (NYSE:FDX) slumped in early trading on Friday after the Memphis-based company's downside guidance rattled investors.
FedEx processes hundreds of millions of returned items a year, a complicated dance, said the director of University of ...
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.
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...
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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.