FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
FedEx Earnings Are Economy Red Flag
JPMorgan’s (NYSE: JPM) famous CEO Jamie Dimon recently said the US economy should not count on a soft landing. It is too early to rule out inflation. Unemployment is rising. His opinion may be in the minority,
FedEx stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
FedEx shares tumble over 15% on limp demand, delivery trade-down
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
FedEx Shares Drop 14% After Weak Earnings Signal Economic Slowdown
FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and revenue expectations, triggering a sharp drop in its stock price. Shares of the shipping giant plummeted nearly 15% following the release of its fiscal first-quarter results,
FedEx Slumps as Lowered Outlook Offers Warning Sign for Economy
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
FedEx Slumps as Lowered Outlook Offers Economic Warning Sign
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
Stocks This Week: Sell Short FactSet And Buy FEDEX
The market is due to peak on the 18th. Here are two stocks. One is a short sale that will take advantage of a weak market.
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
New York Post20d
Scottie Scheffler caps monster year with Tour Championship win to claim $25 million FedEx Cup
as he stepped inside to sign his card. He hoisted two big trophies, the silver FedEx Cup and his 4-month-old son, Bennett. The birth of his first child, his bizarre arrest in Louisville ...
Reuters17d
FedEx invests in AI robotics company Nimble to boost its supply chain business
FedEx Supply Chain president. The companies did not disclose the size of the investment. Sign up here. Reporting by Pratyush Thakur in Bengaluru; Editing by Janane Venkatraman and Krishna Chandra ...