David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and ...
Shares of United Parcel Service (NYSE: UPS) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...
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 reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
Shares of FedEx slumped 15% today, on track for their worst day in two years, after dismal first-quarter results, in what ...
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.
When Claudia Wright and Alanda Thompson turn onto Ewing Drive from their neighborhood on Claymill Court, it looks much ...