The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Key Takeaways FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
We recently compiled a list of the 7 Cheap Transportation Stocks to Buy According to Analysts. In this article, we are going ...
Commercial Appeal on MSN4d
Why Q1 was a 'challenging quarter' for FedEx and what's next for the logistics giantIn the Memphis-based shipping giant's quarterly report released ... The program is a multiyear effort to improve the ...
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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. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
It affects shipping consolidators that drop off large numbers of packages at about 10,000 locations across the ... protection ...
FedEx is scheduled to report its fiscal first-quarter results after the bell on Thursday. Here's what you need to know: EARNINGS: The package-shipping company is expected to post per-share earnings of ...
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