The S&P500 (SP500) closed in the red on Friday, after an eventful week that saw a supersized rate cut by the Federal Reserve, Nike getting back veteran Elliot Hill as CEO and a disappointing quarter ...
Q1 2025 Earnings Call Transcript September 19, 2024 FedEx Corporation misses on earnings expectations. Reported EPS is $3.6 ...
Read a roundup of this week's major events, including the Federal Reserve's bumper 50 basis point rate cut and the S&P 500's ...
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 ...