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FedEx shares slide as trade turbulence hits demand, profit forecast
FedEx shares dropped nearly 6% in premarket trading on Wednesday after the logistics giant sounded caution for the full year ahead and forecast current-quarter earnings below market expectations, as it battles volatile global demand due to pressures from U.
FedEx Corp. warned Wall Street that its profit would be worse than expected this quarter as the impact of President Donald ...
FedEx said it expects fallout from President Trump’s trade war to cut its revenue this quarter by $170 million, after a ...
FedEx is set to post its final earnings report of its fiscal 2025 after the market closes on Tuesday, with traders expecting ...
In March, package deliverer FedEx Corp. cut its profit outlook for the third consecutive quarter, citing “continued weakness ...
Stock futures were mostly lower Wednesday as Wall Street monitored the Israel-Iran cease-fire and as Federal Reserve Chairman ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...
FedEx shares are down nearly 6% after the package-delivery giant delivered results and forecast a fiscal first-quarter per-share profit that [came in shy of Wall Street’s expectations]( ...
Fred Smith, who pioneered the express delivery industry when he founded FedEx more than 50 years ago, died at the age of 80 ...
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