The Industrial Select Sector SPDR Fund ETF (XLI) rose +2% for the week ended Sept. 20, while the SPDR S&P 500 Trust ETF (SPY) ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...