Tag: FedEx

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General Mills, FedEx warn about weak demand

General Mills, FedEx warn about weak demand

Limited Edition holiday breakfast cereal, Christmas Crunch in holiday shapes, Target store, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Univers [...]
FedEx (FDX) earnings 2Q 2023

FedEx (FDX) earnings 2Q 2023

A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023.Vcg | Visual China Group | Getty ImagesFedEx shares tumbled [...]
Shares of FedEx fall after disappointing revenues and soft guidance for the year ahead

Shares of FedEx fall after disappointing revenues and soft guidance for the year ahead

Shares of FedEx are down 3.5% after hours following earnings. EPS of $4.94 beat the $4.83 estimate but the company was light on revenue. It's also for [...]
FedEx (FDX) earnings Q3 2023

FedEx (FDX) earnings Q3 2023

In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023.Celal Gunes | Anadolu Agency | Getty ImagesFedEx on Thursday h [...]
FedEx pilot leaders approve strike authorization vote

FedEx pilot leaders approve strike authorization vote

FedEx Express pilots picket outside the New York Stock Exchange (NYSE) in New York, on Monday, Sept. 26, 2022.Michael Nagle | Bloomberg | Getty Images [...]
How UPS, FedEx are preparing for first ‘post-pandemic’ holiday season

How UPS, FedEx are preparing for first ‘post-pandemic’ holiday season

Which consumer will show up for the first "post-pandemic" holiday season in America?By some measures, e-commerce volumes are softening and consumers p [...]
Speaking of bellwethers – on Wednesday warnings from FedEx wobbled risk

Speaking of bellwethers – on Wednesday warnings from FedEx wobbled risk

The news as it hit is here ICYMI:Check out that link for more, its not good news for the US economic outlook. Rate hikes impacting, yeah?For more on t [...]
FedEx, Costco, Boeing and more

FedEx, Costco, Boeing and more

Check out the companies making headlines before the bell:FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shippin [...]
FedEx (FDX) reports Q1 earnings

FedEx (FDX) reports Q1 earnings

A person walks by a FedEx van in New York City, May 9, 2022.Andrew Kelly | ReutersFedEx on Thursday announced rate hikes and detailed its cost-cutting [...]
FedEx warning has stock futures deeply negative

FedEx warning has stock futures deeply negative

Late yesterday, FedEx offered a poor outlook for fiscal 2023 and that sent its stock 21.5% lower. The company is an economic belwether and it's signif [...]
How Powell and the Fed may react to FedEx warning

How Powell and the Fed may react to FedEx warning

CNBC's Jim Cramer on Friday said that FedEx's warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation e [...]
FedEx, Adobe, Boeing and more

FedEx, Adobe, Boeing and more

FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop.Courtesy: FedexCheck out the companies mak [...]
FedEx CEO says he expects the economy to enter a ‘worldwide recession’

FedEx CEO says he expects the economy to enter a ‘worldwide recession’

FedEx CEO Raj Subramaniam told CNBC's Jim Cramer on Thursday that he believes a recession is impending for the global economy."I think so. But you kno [...]
Drop in S&P500 futures upon reopening – FedEx withdrawing earnings forecast cited

Drop in S&P500 futures upon reopening – FedEx withdrawing earnings forecast cited

FedEx withdrew its FY23 earnings Earnings A company’s earnings represent its profits or net benefits as a result of its [...]
FedEx (FDX) earnings Q1 2023 miss estimates

FedEx (FDX) earnings Q1 2023 miss estimates

FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume o [...]
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