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Wednesday, after the package-delivery giant forecast a fiscal first-quarter per-share profit that came in shy of Wall ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
FedEx tumbles after the shipping giant issues first-quarter earnings guidance that misses analysts’ estimates.
US stock futures traded mixed on Wednesday, as the S&P 500 kept a bid for record highs in play amid revived hopes for ...
Additional $1 billion in cost cuts in the new fiscal year: FedEx expects Q1 earnings of $3.40 to $4.00 per share, below a ...
FedEx retired 12 aircraft in its fiscal fourth quarter as the company sought to align network capacity with anticipated ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that its CEO delivered.
FedEx and UPS, both bellwethers for the U.S. economy and the logistics sector, have been battling for market share as industrial demand slows ...
He did concede, however, that Fed thinking is constantly adapting and that lower than expected inflation or a weaker labour market could see rate cuts sooner, and these comments weighed on USD ...
Young’s alleged stalker had a list of names, Feagins wants her job back ASAP and FedEx is unsure of its financial future.
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