FedEx shares tumble over 15% on limp demand, delivery trade-down
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.
Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
S&P 500 Gains and Losses Today: FedEx Stock Plunges as Earnings Fail To Deliver
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
Shipping Giants FedEx, UPS Stocks Slip Friday: What's Going On?
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on ...
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Wall Street cierra en alturas récord luego que la Fed redujo las tasas de interés
Los índices de la Bolsa de Valores de Nueva York cerraron en alturas récord el jueves, mientras el júbilo algo demorado permeaba los mercados del mundo luego que la Reserva Federal de Estados Unidos ...