Live Breaking News & Updates on Fedex Corporation Report
Stay updated with breaking news from Fedex corporation report. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S," said CEO Raj Subramaniam. ....
UPS posted better-than-expected second earnings Tuesday, and boosted its profit guidance, thanks in part to a big leap in the price of domestic parcel revenues. ....
FedEx shares slumped lower Wednesday after the world s biggest package delivery group cautioned that profit margins in its workhorse ground transportation division would expand at a slower rate over the coming year amid a surge in fuel and input costs. ....
U.S. equity futures bounced higher Tuesday, following the biggest three-day trading decline of the year on Wall Street, as investors looked to the start of the Federal Reserve s two-day policy meeting amid accelerating bets on faster and deeper rate hikes. ....