FedEx FDX1.32%increase; green up pointing triangle cut its outlook for the year, citing soft demand for business-to-business shipments as a result of continued weakness and uncertainty in America ...
FedEx lowered its full-year earnings and revenue guidance due to weakness in the U.S. industrial economy. Business-to-business shipping remains under pressure, as low-margin e-commerce deliveries ...
Wall Street was expecting a weaker outlook from FedEx, but the package-handling giant delivered an even more disappointing view late Thursday, as it signaled headwinds posed by economic uncertainty.
MEMPHIS, Tenn. — FedEx filed a lawsuit against Minnesota company MyPillow, claiming they are owed nearly $9 million for shipping services. In a lawsuit, FedEx accused MyPillow of violating the ...
FedEx (FDX) reported quarterly earnings that missed analysts’ expectations and cut its full-year outlook, sending shares lower in extended trading Thursday. The shipping giant said it expects ...
Shares in FedEx sank Friday, after the package-shipping company cut its annual forecasts for sales and earnings. FedEx stock recently stood nearly 11% lower at $219.21. That put the shares on pace ...
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in the US industrial economy." ...