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FedEx Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the rest of ...
FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid ...
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
In March, package deliverer FedEx Corp. cut its profit outlook for the third consecutive quarter, citing “continued weakness ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...
The underwhelming forecast sent investors spiraling, since the company often acts as a bellwether for several other ...
FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit ...
FedEx cites China tariffs and end of de minimis rule as key drivers of a $170 million hit, prompting it to cut its annual ...
Investors reacted sharply to FedEx’s muted Q1 guidance and decision to withhold a full-year outlook, triggering a 5% stock ...
An ongoing fleet reduction and modernization strategy at FedEx has resulted in the permanent retirements of 12 additional ...
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