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FedEx, Wall Street
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
Wall Street edges back from records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally
Stock Market, Dow and Fed
FedEx Stock Sinks After Company Cuts Outlook
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also posted lower quarterly profit and revenue. Weaker-than-expected demand, particularly in the U.
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
With roughly 30 minutes left until Wall Street opens, Dow futures have flipped into the green as stocks pared earlier losses on Friday. If the gauge manages to finish in the green, it would book another record close -- its third this week,
The Fed Is Cutting Interest Rates: Here's the Best Stock to Buy Right Now
There are many strong contenders for the best stock to buy with interest rates falling. One stock especially rises to the top, though. This stock also has excellent long-term growth prospects that go beyond the Fed's rate cuts.
7h
FedEx worker goes viral after video shows him stopping alleged porch pirate while delivering packages in South Florida
According to ONLY in DADE, the man has been allegedly trying to steal new iPhones being delivered and has been spotted in the ...
20h
on MSN
FedEx flags major shift in consumer behavior that’s hurting profits
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
1d
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
21h
Insiders Could Have Profited By Holding onto FedEx Shares Despite 11% Drop
FedEx Corporation's (NYSE:FDX) value has fallen 11% in the last week, but insiders who sold US$3.1m worth of stock ...
2d
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
16h
Judge orders trial for FedEx driver indicted in Athena Strand murder moved to Tarrant County
Tanner Horner’s attorneys requested his trial be moved out of Wise County, citing “pre-trial publicity.” A judge approved the ...
1d
Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
2d
on MSN
FedEx Shares Tumble Over 15% on Limp Demand, Delivery Trade-Down
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in ...
1d
on MSN
Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
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