FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.

FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...

By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...

Our work is focused on helping more Memphians have an equal chance to participate in our city’s education system and ...

MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it ...

FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...

The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.

(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...

The Memphis Grizzlies will have their first jersey patch partner since 2021 after agreeing to a multi-year deal with ...

FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...

The world's best men's professional golfers are amid a run at the PGA TOUR's Ultimate Prize, with the FedExCup Playoffs ...

FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs. Read why I upgrade FDX stock ...