A record-setting week for Wall Street closed on a quieter note Friday. FedEx dropped 15.2% after its profit and revenue for the latest quarter fell short of expectations. It said U.S.

The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...

U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...

FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and ...

Fintel reports that on September 20, 2024, Morgan Stanley downgraded their outlook for FedEx ( XTRA:FDX) from Equal-Weight to Underweight.

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the ...

FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from ...

NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...

Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...

Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...

Shares of industrial and transportation companies fell after FedEx warned of economic weakness. FedEx cut its outlook after posting lower profit and revenue for its fiscal first quarter after ...