The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
Fintel reports that on September 20, 2024, Morgan Stanley downgraded their outlook for FedEx ( XTRA:FDX) from Equal-Weight to Underweight.
Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...
The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, ...
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.
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, ...
Fintel reports that on September 20, 2024, HSBC downgraded their outlook for FedEx (BRSE:FDX) from Buy to Hold ... portfolio allocation in FDX by 0.33% over the last quarter. Capital International ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results.
overstockArt.com offers free FedEx Ground shipping on all orders over $50 or more within the contiguous United States. There are no minimums to buy. All In-Stock items leave our facility within 48 ...
The Malaysia External Trade Development Corporation (MATRADE) and Federal Express Corporation (FedEx Malaysia), inked a ...
The cooperation will strengthen Malaysia's export capabilities by providing logistics expertise and support for SMEs looking ...