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.

The Fed resonated with FedEx. On Sept. 18 the Federal Reserve cut interest rates by 0.5 percentage point to keep the economy from slowing, while FedEx's sluggish earnings report in the same week ...

It's been a volatile year for FedEx on the price charts and Friday's decline nearly erases the industrial stock's year-to-date gain. Still, Wall Street has remained bullish toward FDX. According ...

Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.

On Friday, Stifel, a financial services firm, adjusted its outlook on FedEx (NYSE:FDX) shares, lowering its price target to $321 from the previous $327. Despite the decrease, Stifel continues to ...

On Friday, Stifel, a financial services firm, adjusted its outlook on FedEx (NYSE:FDX) shares, lowering its price target to $321 from the previous $327. Despite the decrease, Stifel continues to ...

Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...

On Friday, Baird adjusted its outlook on FedEx (NYSE:FDX), reducing the price target to $320 from the previous $340. Despite the downward revision, the firm maintained its Outperform rating on the ...

On Friday, Baird adjusted its outlook on FedEx (NYSE:FDX), reducing the price target to $320 from the previous $340. Despite the downward revision, the firm maintained its Outperform rating on the ...

FedEx said a weaker industrial economy produced ... Chair Jerome Powell on Wednesday, however, said the Fed was cutting interest rates to support the labor market. “The labor market is in ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...