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 ...
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FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in the US industrial economy." ...
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