FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
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. The company ...
In the quarter ended August 31, FedEx's revenue decreased 0.5% year-over-year to $21.6 billion and its earnings per share (EPS) plunged 20.9% from the year-ago period to $3.60. In a statement ...
FedEx Corporation (NYSE:FDX) will release earnings results for its first quarter, after the closing bell on Thursday, Sept.
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