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 ...
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, ...
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Weak demand for premium services in the U.S. hurt FedEx Corp.'s first-quarter results. The weakness in freight demand isn't ...
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.
The cooperation will strengthen Malaysia's export capabilities by providing logistics expertise and support for SMEs looking ...
FedEx reported drops in operating income and revenue during its first quarter of Fiscal Year 2025. In the Memphis-based ...
FedEx, which reports fiscal 2025 first-quarter earnings Thursday after markets close, has seen its cost-cutting efforts ...