United Parcel Service Inc. received a rare sell recommendation as Barclays expressed concern on the shipping giant’s earnings ...
Analysts flagged a prospective spinoff of FedEx’s FDX freight business as a potential boost to the stock. FedEx said it’s studying the move initially proposed in June and will make a decision ...
The Fed last week reduced its target range for rates by 50 basis points ... profits and on revenue expectations. FedEx attributed the miss to weakness in freight demand due to lower U.S. domestic ...
United Parcel Services (UPS) stock has underperformed most of its rivals in the past few years, as its growth momentum has ...
The two biggest shipping firms in the US recently cut their forecasts, blaming the shortfall in part on customers turning to ...
FedEx handles an average of 16 million packages and 20.5 million lbs of freight per day across more than 600 operating facilities. With economic conditions remaining uncertain and costs rapidly ...
Shares of FedEx Corp. tumbled after hours on Thursday after the package-delivery giant tempered its full fiscal-year outlook, citing “weaker-than-expected” shipping demand as businesses ...
FedEx reported a drop in operating ... earnings forecasts have been revised. The shipping giant expects a low single-digit percentage revenue growth rate year over year, down from its low-to ...
FedEx Freight, and numerous other divisions, our exploration covers the breadth of services and innovations that have positioned FedEx as a leader in both B2B and B2C markets. FedEx Corporation is ...
As FedEx maneuvers through a poor first quarter amid lingering weak volume demand worldwide and a consumer-driven shift to less profitable delivery services, demand for freight out of Asia remains ...
The $289 level was resistance for FedEx in late March ... today's triggered by the Federal Reserve (the Fed) cutting interest rates, investors should focus on fundamentals and keeping a risk ...