FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...
LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...
The TD Cowen/AFS Logistics index shows sharp rises in parcel delivery rates, spurred by strategic use of surcharges. The post ...
B2B healthcare & automotive drive growth, but freight weakness and $900M cost headwinds pressure earnings—see why it’s a hold ...
FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...
Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning ‌for $175 million in unexpected peak-season costs to find trucks and ‌planes to move goods that would have flown on its fleet of ...
FedEx Corp., the world's largest air-cargo carrier, forecast annual profit that trailed analysts' estimates as labor costs climb in a "moderate" economic recovery. The shares fell the most since ...