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Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
FedEx Stock Is Down. Earnings Show Why The Fed Cut Rates.
The economy just isn’t helping, and there is a troubling shift happening which shows why the Fed just cut benchmark interest rates. FedEx reported Thursday evening adjusted earn
Why I'm Not Buying The Dip In FedEx Stock
FedEx remains profitable, is focused on cost savings, and now trades at an attractive price for long-term investors. Despite the positives, FDX stock's relatively low ROIC and somewhat volatile free cash flows don't fit my investing style,
Electrek
6d
FedEx orders 15 more Workhorse W56 electric delivery vans
After a successful pilot program, FedEx is expanding its electric delivery fleet with the purchase of 15 Workhorse W56 ...
Fleet News
3d
FedEx to switch 170 UK trucks from diesel to biofuel
FedEx is switching from diesel to biofuel for 170 of its trucks at three of its UK sites following its initial trial in ...
2d
on MSN
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.
abc7NY
14d
FedEx driver robbed, tied up and left in truck in Edison in sophisticated heist
The 35-year-old victim was eventually able to free himself from the zip ties and call police on his Apple Watch.
8d
on MSN
Thieves accused of following FedEx trucks, stealing cellphone deliveries in Bucks County
Police in Bucks County, Pennsylvania, are trying to track down cellphone thieves who are stealing packages containing new ...
Transport Topics
2d
FedEx Cuts Forecast After Tough Quarter for Deliveries
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
1d
OCSO: One arrested after firing shots into an occupied FedEx delivery truck
The Okaloosa County Sheriff’s Office has arrested a man after firing shots into an occupied FedEx delivery truck in Cinco ...
1d
on MSN
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.
6d
FedEx: A Turnaround With Significant Upside Potential (Rating Upgrade)
FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs. Read why I upgrade FDX stock ...
News 12 Networks
11d
Police: FedEx driver robbed in Port Chester; 2 suspects arrested
Two individuals were arrested Monday for stealing from a FedEx driver making a delivery in Port Chester, according to police.
1d
on MSN
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 ...
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