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 ...

FedEx (FDX) likely faces a "greater earnings risk" over the long term than previously expected, given the extent of its fiscal first-quarter miss and a potentially steep recovery path, Morgan Stanley ...

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 ...

Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.

(Reuters) – FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant’s Fulfillment unit which aids small and medium-sized ...

Mumbai (Maharashtra) [India], September 2 (ANI): Keeping fans on their toes, makers of the much-anticipated Jr NTR-starrer ‘Devara: Part 1’ unveiled a new poster. Taking to Instagram, Janhvi Kapoor ...

PHILADELPHIA (CBS) -- A poster that's popping up around the city of Philadelphia alleges the Eagles have officially endorsed Vice President Kamala Harris which has left the Birds to debunk the rumors.

Scheffler nevertheless punctuated the best PGA Tour season in at least 15 years with a $25 million exclamation point, winning the Tour Championship and season-long FedEx Cup title by four shots ...

With the FedEx Cup and a whopping $25 million bonus on the line, Scheffler had just carded a bogey on the par-4 seventh hole. He badly hooked his tee shot to the left, and his ball nearly went out ...

Copyright 2024 The Associated Press. All Rights Reserved. Scottie Scheffler holds his son Bennett Ezra Scheffler as his wife Meredith Scudder looks on the 18th green ...