FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, ...
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy ...
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...
An executive at FedEx has issued a gloomy warning for the U.S. economy, which is already grappling with fears over an ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
FedEx Corp. shares fell after the parcel ... because of its exposure to a broad swath of the global economy, said its latest outlook assumes the global economic, political and trade environment ...
Wall Street was expecting a weaker outlook from FedEx, but the package-handling giant delivered an even more disappointing view late Thursday, as it signaled headwinds posed by economic uncertainty.
"Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," FedEx chief financial ...
An economic bellwether because of its broad exposure to the global economy, FedEx said its latest outlook assumes the global ...