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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
BP stock rises as a report says Shell in early stage talks to acquire its oil rival, while FedEx falls after the shipping ...
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
LOS ANGELES (Reuters) -FedEx reported better-than-expected quarterly profit, after cost cuts and improved export volumes ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...
FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules ...
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal ...
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
Fred Smith, who pioneered the express delivery industry when he founded FedEx more than 50 years ago, died at the age of 80 ...
FedEx ( FDX) shares fell in extended trading Tuesday as the shipping giant suspended its full-year forecast. The decision to ...
FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent company.
FDX's fourth-quarter fiscal 2025 results are aided by from cost reduction benefits from the DRIVE program initiatives, higher ...