FedEx Quarterly Profit Drops as Customers Opt for Cheaper, Slower Shipping Alternatives...
FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
Why UPS Stock Is Falling Today
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.
Following Several Quarters of Outperformance, FedEx's Fiscal First-Quarter Margins Disappoint
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 ...
S&P 500 Gains and Losses Today: FedEx Stock Plunges as Earnings Fail To Deliver
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...
FedEx Corp. stock underperforms Friday when compared to competitors
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
FedEx shares tumble over 15% on limp demand, delivery trade-down
By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...