FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
--On pace for largest percent decrease since Sept. 16, 2022, when it fell 21.4% --Down 18.75% from its all-time closing high of $315.59 on May 27, 2021 ...
who sent shares of FedEx (FDX) down 14% on Friday. “The soft industrial economy is clearly weighing on the (business-to-business) volumes, and it was definitely much weaker than we expected and ...
FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx earnings were weak and will be in the future. This could be a sign that the global economy is slowing down.
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 ...
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.