Friday, November 22, 2024
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FedEx

Fedex stock plummets after earnings miss, lower outlook flashes warning on economy

FedEx (FDX) stock tanked nearly 15% Friday morning following a much-worse-than-anticipated quarterly earnings report the day before, highlighting investor concerns over emerging cracks in...

Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher

NEW YORK (AP) — Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during...

FedEx reports drop in quarterly earnings on lower demand for priority services

(Reuters) -FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the...

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