Analysts see a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.