After a disappointing Q1 earnings report, the company’s leaders have trimmed their guidance for FedEx’s fiscal year.

FedEx FDX-15.23%decrease; red down pointing triangle cut its outlook after posting lower profit and revenue for its fiscal first quarter after weaker-than-expected demand, particularly in the U.S ...

FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...

who sent shares of FedEx down 14% on Friday. "The soft industrial economy is clearly weighing on the (business-to-business) volumes, and it was definitely much weaker than we expected and we have ...

FedEx lost over $11 billion in market value Analysts cut stock price targets after earnings report FedEx CEO in the middle of complex restructuring Sept 20 (Reuters) - Shares of FedEx (FDX.N ...

FedEx stock sank more than 14% in morning trading Friday, falling below $257. That put the stock on pace for its largest single-day percentage drop since mid-September 2022, when it fell more than ...

Scheffler won the 2024 Tour Championship Sunday at East Lake Golf Club in Atlanta, marking his first-ever FedEx Cup championship. With that, he also secured the $25 million bonus that comes with ...

29. UPS picked up that business. Executives are also assessing whether to spin off or sell its FedEx Freight business.

FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in ...