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Fedex Says Participation In Gov't Loan Programs May Require Co To Grant Equity Interests To Gov't Agency
FedEx Says Suspended Forecasts For Results Of Operations
Fedex Says Q3 Results Positively Impacted By About $100 Million Due To One Additional Operating Weekday
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of the United States domestic and international shipping services for delivery of packages and freight. TNT Express segment collects, transports and delivers documents, parcels and freight on a day-definite or time-definite basis. The FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides its other companies with sales, marketing, information technology, communications, customer service and other back-office support.
942 Shady Grove Rd S
Frederick W. Smith
Chairman of the Board, Chief Executive Officer
President, Chief Operating Officer, Director
Alan B. Graf
Chief Financial Officer, Executive Vice President
Donald F. Colleran
President and Chief Executive Officer of FedEx Express
Henry J. Maier
President and Chief Executive Officer of FedEx Ground
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
BP is donating 3 million gallons of jet fuel to FedEx and Alaska Airlines to help with the distribution of personal protective equipment in the battle against the new coronavirus.
Amazon.com Inc <AMZN.O> will suspend a delivery service that aims to compete with UPS <UPS.N> and FedEx <FDX.N> in the United States.
FedEx Corp <FDX.N> said on Friday it would pull $1.5 billion from a credit line and slash CEO pay as stay-at-home orders aimed at stemming the spread of the coronavirus in the United States and Europe hammer demand for its lucrative express services.
* FEDEX CORP - BOARD APPROVED A 91% REDUCTION IN CEO FREDERICK SMITH'S BASE SALARY FOR SIX-MONTH PERIOD FROM APRIL 1, 2020 TO SEPTEMBER 30, 2020
FedEx Corp said on Friday it would slash its chief executive officer's pay and draw down $1.5 billion from a credit facility as delivery services take a hit from coronavirus-led lockdowns across the globe.
U.S. package delivery company FedEx Corp <FDX.N> suspended its 2020 profit outlook on Tuesday, citing the "significant impact" of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.
FedEx Corp suspended its 2020 profit outlook on Tuesday, citing uncertainty due to the coronavirus pandemic.
* FEDEX - WORK, TRAVEL RESTRICTIONS DUE TO COVID-19 OUTBREAK MAY AFFECT SHIPMENTS TO & FROM IMPACTED AREAS, AND SHIPMENTS MOVING WITHIN THOSE AREAS
U.S. package delivery companies United Parcel Service Inc and FedEx Corp warned on Tuesday that the coronavirus outbreak could disrupt shipment of goods in affected countries and possibly weigh on their first-quarter results.
Amazon.com Inc's <AMZN.O> rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp <FDX.N>.
Amazon.com Inc <AMZN.O> said on Thursday it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network.
The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp <FDX.N> shares, but the benchmark index managed to hover near all-time highs.
The S&P 500 was little changed on Wednesday, hovering around all-time highs, as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares.
* Indexes rise: Dow 0.11%, S&P 0.11%, Nasdaq 0.25% (Updates to late afternoon, changes byline, adds NEW YORK to dateline)
FedEx Corp shares tumbled more than 10% on Wednesday after the company slashed its 2020 profit forecast a second time, as it revamps its business to replace slumping air shipments with lower-profit residential deliveries.
* Indexes: Dow flat, S&P up 0.1%, Nasdaq gains 0.2% (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
* Indexes: Dow flat, S&P up 0.1%, Nasdaq up 0.2% (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
Shares of FedEx Corp fell nearly 10% on Wednesday after the world's largest packaging company cut its 2020 profit forecast for the second time as it spends heavily to expand its online delivery business and battles slowing global trade.
The S&P 500 and Nasdaq extended a record rally on Wednesday, even as FedEx limited gains after cutting its annual profit forecast for the second time this year.
U.S. stocks opened largely flat on Wednesday as markets took a breather from a record-setting spree, while FedEx plunged after it cut its annual profit forecast for the second time this year.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.