In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...
Trade downs to more cost-effective services were a key factor in declining fiscal first quarter earnings, Memphis-based global freight transportation and logistics services provider FedEx reported ...
Stocks were modestly lower Friday, a day after the Dow Jones Industrial Average and S&P 500 closed at record highs following ...
U.S. stocks on Friday were lower, as the euphoria sparked by the Fed's bumper interest rate cut earlier in the week cooled ...
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Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
Wall Street is quieter, and U.S. stocks are edging back from the records they set the day before during a worldwide rally.
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Wall Street hit the brakes on its post-Fed rally to start a triple-witching Friday session. The Dow was down 46 points, or 0.1%, while the S&P 500 was down 0.2%. The Nasdaq Composite slipped 0.1%.