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.

By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...

Wall Street is quieter, and U.S. stocks are edging back from the records they set the day before during a worldwide rally.

Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...

FedEx Corporation (NYSE:FDX) will release earnings results for its first quarter, after the closing bell on Thursday, Sept.