FedEx Corp.’s big earnings-target miss may be more of a speed bump than a brick wall, one analyst said Friday, as the package deliver giant’s stock fell sharply after a reduced earnings ...
Shipping heavyweight FedEx surprised Wall Street Thursday, reporting better-than-expected fiscal 2024 third-quarter earnings while revenue came in below expectations. FedEx also narrowed its full ...
Scottie Scheffler took over the top spot in the 2024 FedEx Cup points standings in March after his win at the Arnold Palmer Invitational. Twenty-six weeks later, the 28-year-old Texan saw this ...
Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy. Wall Street's nerves were already frayed ahead ...
NEW YORK (AP) — A record-setting week for Wall Street closed on a quieter note ... to its all-time high. FedEx dragged on the market with a drop of 15.2% after its profit and revenue for the ...
NEW YORK (AP) — U.S. stocks on Friday are hovering around the records they set the day before during a worldwide rally. The S&P 500 was 0.2% lower in afternoon trading but still on track for its ...
The Nasdaq composite was 0.8% lower, as of 11:30 a.m. Eastern time. FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts ...