FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
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FedEx Quarterly Profit Drops as Customers Opt for Cheaper, Slower Shipping Alternatives. Shares Drop 11% Premarket.FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...
Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...
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.
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Shares of United Parcel Service (NYSE: UPS) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and ...
Shares in the Memphis-based delivery giant tumbled almost 11 percent to $267.74 in after-hours trading, dragging shares in rival United Parcel Service down 2.5 percent.
Shares of FedEx slumped 15% today, on track for their worst day in two years, after dismal first-quarter results, in what ...
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