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FedEx shares slide as trade turbulence hits demand, profit forecast
FedEx shares dropped nearly 6% in premarket trading on Wednesday after the logistics giant sounded caution for the full year ahead and forecast current-quarter earnings below market expectations, as it battles volatile global demand due to pressures from U.
FedEx reported better-than-expected fiscal fourth quarter earnings, but changed its guidance practice, providing only a ...
In March, package deliverer FedEx Corp. cut its profit outlook for the third consecutive quarter, citing “continued weakness ...
FedEx is set to post its final earnings report of its fiscal 2025 after the market closes on Tuesday, with traders expecting ...
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...
Fred Smith, who pioneered the express delivery industry when he founded FedEx more than 50 years ago, died at the age of 80 ...
The Fort Worth City Council voted on Tuesday to approve a conditional use permit for the parking of semi-trucks and trailers ...
FedEx Corp. forecast a worse-than-expected profit for the current quarter in a sign that soft parcel demand and uncertainty ...
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