The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx lowered its full-year revenue forecast and missed Wall Street estimates for first-quarter profit on Thursday as ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
Analyst David Vernon of Bernstein maintained a Buy rating on FedEx (FDX – Research Report), with a price target of $337.00. David Vernon ...
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.
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12 at approximately 2:25 p.m., police went to the 7900 block of Carriage Drive in Severn, where a 51-year-old male FedEx delivery driver ... Later in the day, at approximately 5:40 p.m., officers ...
Q1 2025 Earnings Conference Call September 19, 2024 5:30 PM ETCompany ParticipantsJeni Hollander - VP of IRRaj Subramaniam ...
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in ...
FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs. Read why I upgrade FDX stock ...
After a successful pilot program, FedEx is expanding its electric delivery fleet with the purchase of 15 Workhorse W56 ...
Sept 19 (Reuters) - FedEx ... and Express delivery units. Cost cuts failed to offset the drag from weak demand for lucrative priority services and one fewer operating day in the latest quarter ...