FedEx slumps 15% amid weak demand for pricey priority deliveries
Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, ...
Tag: FedEx
From FedEx to airlines, companies are starting to lose their pricing power
A FedEx worker delivers packages in New York, May 9, 2022.Andrew Kelly | ReutersAfter years of unbridled consumer spending on ...
FedEx profit misses, cuts full-year revenue forecast; shares sink
FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending ...
FedEx shares pop on hefty profit beat, UPS customer wins
FedEx raised the lower end of its full-year profit forecast on Wednesday after a cost-cutting quarter when it poached customers ...
