The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
Q1 2025 Earnings Call Transcript September 19, 2024 FedEx Corporation misses on earnings expectations. Reported EPS is $3.6 ...
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...
FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and ...
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Shares of United Parcel Service (NYSE: UPS) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and lowered its full-year forecast.
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, ...
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...