FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in the US industrial economy." ...
FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald ...
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy overall.
An executive at FedEx has issued a gloomy warning for the U.S. economy, which is already grappling with fears over an ...
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company ...
Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
Those companies are seen as barometers for the global economy since their ... Memphis-based FedEx on Thursday lowered its full-year forecast for adjusted profit to $18 to $18.60 per share.
"FedEx's Q3 print and full-year forecast cut will likely exacerbate ... "Management noted weakness in the industrial economy and, while macro is a factor, we believe structural forces are a ...
(Reuters) -FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as ...