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LOS ANGELES (Reuters) -FedEx reported better-than-expected quarterly profit, after cost cuts and improved export volumes pushed operating margins higher, and signaled caution ahead with a forecast for ...
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, sending shares of the package-delivery giant lower in after-hours trade.
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
FedEx currently pays a quarterly dividend of $1.45, which it recently increased by 5% from the $1.38 it was paying just a few ...
FedEx shares dropped in extended trading on Tuesday after the shipping giant suspended its annual outlook and issued light ...
Lee Fred Smith, who founded, FedEx, died at 80 last week. Yeah. you look back at these guys and you ask yourself, who built ...
FedEx shares fell as much as 5.8% on Wednesday after the parcel delivery giant forecast first-quarter profit below Wall Street estimates and withheld its outlook for the year, citing uncertainty ...
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the ...
FedEx founder Fred Smith, whose express shipping company set the standard for absolutely, positively overnight delivery, has died.
Wall Street showed restraint on Wednesday after two days of strong gains. The Nasdaq Composite added 61.02 points, or 0.31%, to settle at 19,973.55. The S&P 500 was flat,falling only 0.02 of a point ...
Wall Street is suddenly apprehensive about FedEx (FDX) stock following the company’s mixed fiscal fourth-quarter earnings report, published earlier this week. The global logistics and transportation ...
FedEx founder Fred Smith, who turned a small delivery company into a global shipping giant, died on Saturday, the company said.