FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for priority services.
Wall Street Breakfast Podcast: FedEx Earnings On Deck
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FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
FedEx shares tumble over 15% on limp demand, delivery trade-down
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.
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts see a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply
FedEx flags major shift in consumer behavior that’s hurting profits
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings.
FedEx Quarterly Profit Drops as Customers Opt for Cheaper, Slower Shipping Alternatives...
FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from faster, expensive deliveries to cheaper alternatives. FedEx CEO Raj Subramaniam cited softer industrial demand as shipments between manufacturers,
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FedEx shipping center in Port Huron Twp. to close Sept. 28
FedEx will be closing its Port Huron Township Ship Center effective Saturday, Sept. 28. Austin Kemker, communications ...
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
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FedEx Stock Falls After Shipper Slashes Full-Year Outlook
FedEx lowered its revenue and earnings outlook for fiscal 2025. The company's fiscal first-quarter results missed analysts' ...
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UPS Faces Pressure Amid FedEx's Disappointing Outlook
Headlines,UPS shares declined following FedEx's disappointing earnings report and lowered forecast.,Concerns arise regarding ...
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FedEx driver accused of shooting at dogs while making delivery
According to the Port Clinton Police Department, the FedEx driver said he was delivering packages when a neighbor’s two ...
What You Need To Know Ahead of FedEx's Earnings
FedEx, which reports fiscal 2025 first-quarter earnings Thursday after markets close, has seen its cost-cutting efforts ...
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FedEx truck catches fire on I-44 in Burkburnett
BURKBURNETT, Texas (KAUZ) - First responders investigated a FedEx truck that caught fire on I-44 Thursday night. It happened ...
Man charged after shooting at a FedEx delivery van
A man has been charged with attempted second-degree homicide after he shot into an occupied FedEx vehicle on Thursday.
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note. The S&P ...
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.