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which accounted for about $1.75 billion in revenue to FedEx during the postal service's latest fiscal year, will end on Sept. 29. UPS picked up that business. Executives are also assessing whether ...

“The soft industrial economy is clearly weighing on the (business-to-business ... demand for priority services (and) increased demand for deferred services.” FedEx is a company created ...

Shares in the Memphis-based delivery giant tumbled almost 11 percent to $267.74 in after-hours trading, dragging shares in rival United Parcel Service down 2.5 percent. The shift to less-profitable ...

↗️ Nike (NKE): Nike shares climbed about 6%. The sportswear company said Thursday that John Donahoe would retire as chief executive next month, capping a five-year tenure marked by a series of ...

Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop?