News

Additional $1 billion in cost cuts in the new fiscal year: FedEx expects Q1 earnings of $3.40 to $4.00 per share, below a ...
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
Stock futures were mostly lower Wednesday as Wall Street monitored the Israel-Iran cease-fire and as Federal Reserve Chairman ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that its CEO delivered.
Key Takeaways FedEx shares are sinking nearly 6% in premarket trading Wednesday, a day after the shipping giant reported ...
US stock futures traded steady on Wednesday, keeping a bid for fresh record highs in play amid revived hopes for interest-rate cuts and the US-brokered ceasefire between Iran and Israel. Market ...
FedEx and UPS, both bellwethers for the U.S. economy and the logistics sector, have been battling for market share as industrial demand slows ...
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...