FedEx Stock Is Down. Earnings Show Why Fed Cut Rates.
FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates
FedEx’s president and CEO Raj Subramaniam said during a company conference call that the “industrial economy is weighing on our B2B volume” in the quarter, noting also that the S&P U.S. manufacturing PMI dipped 1.7 points to 47.9, the lowest reading of the year.
Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
HIALEAH - A FedEx driver delivering packages to a Hialeah home suddenly stopped and faced a man walking up behind him. The ...
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
The FedEx worker says "no, no, I don't know you, I'm going to call the police," shaking a finger in his face in the video.
According to ONLY in DADE, the man has been allegedly trying to steal new iPhones being delivered and has been spotted in the ...
1h
On Saturday, around 6:40 p.m., a vehicle rammed into the main entrance to the FedEx Shipping Center, located at 6061 Old Oak Ridge Road in Greensboro.
HIALEAH, Fla. – An alert FedEx driver is being credited for stopping a would-be porch pirate in Hialeah. Ring video posted ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
After a disappointing Q1 earnings report, the company’s leaders have trimmed their guidance for FedEx’s fiscal year.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price ...
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