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.
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
A 7-year-old who was diagnosed with acute lymphoblastic leukemia after he started kindergarten in the fall of 2022, Micah was honored Wednesday ahead of the first day of competition at the FedEx St.
Photos courtesy of the Smithsonian Institution Click here to learn about FedEx Cares, our global community engagement program.
A 7-year-old who was diagnosed with acute lymphoblastic leukemia after he started kindergarten in the fall of 2022, Micah was honored Wednesday ahead of the first day of competition at the FedEx St.
Australia’s S&P/ASX 200 looks set to extend its recent gains and move on from its latest record after U.S. indices hit records of their own.
The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor ...
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 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 ...
Scottie Scheffler took over the top spot in the 2024 FedEx Cup points standings in March after his win at the Arnold Palmer Invitational. Twenty-six weeks later, the 28-year-old Texan saw this ...
In the quarter ended August 31, FedEx's revenue decreased 0.5% year-over-year to $21.6 billion and its earnings per share (EPS) plunged 20.9% from the year-ago period to $3.60. In a statement ...
A heavy-duty tow truck pulled the FedEx truck from the home, and photos from the scene showed the front of the delivery truck had also been damaged. Firefighters could not determine the cause of ...