FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
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.
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Financial services firm Stifel is one of those that lowered its price rating on FedEx after earnings, to $321 from $327, while maintaining its Buy rating on the large-cap stock. "Secular ...
Visit upsexpresscritical.com for more information. Most of FedEx's pickup and delivery services will not be available on Sept. 2, according to the company's website. FedEx Office hours will also ...
The Nasdaq composite was 0.3% lower, as of 10:30 a.m. Eastern time. FedEx dragged on the market with a drop of 14.8% after ...
Traditional Banks: Learn the Differences Some services, like ordering stamps or printing shipping labels ... Some people might also be uncertain about FedEx's operating status on Labor Day.
Kevin Lynch is a London-born, Dublin-based writer and journalist. The author of Steve Jobs: A Biographic Portrait, Kevin is a regular feature writer for a number of tech sites and the former ...
With the FedEx Cup Playoffs collectively shelling out $100 million in bonuses, players will vie for their slice of the nearly $83 million prize pool with $25 million going to the eventual winner ...
The driver of a FedEx truck was taken to the hospital with serious injuries after he crashed his truck into the side of a Gwinnett County home Tuesday afternoon, officials said. The FedEx truck ...
FedEx (FDX) likely faces a "greater earnings risk" over the long term than previously expected, given the extent of its fiscal first-quarter miss and a potentially steep recovery path, Morgan Stanley ...