By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
UPS shares are falling after archrival FedEx released results that disappointed markets ... of the pandemic gave way to a ...
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 Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
Lastly, FedEx, along with UPS, is planning significant job cuts as part of a broader trend of cost-cutting and restructuring across various industries. The company is also currently facing ...
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
Lastly, FedEx, along with UPS, is planning significant job cuts as part of a broader trend of cost-cutting and restructuring across various industries. The company is also currently facing significant ...
UPS is trading at a forward price/earnings of 15.1x ... company’s valuation compares unfavorably with that of rival FedEx FDX. FDX is currently trading at a forward price/earnings of 13.2x.