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FedEx Corp (FDX.N)

FDX.N on New York Stock Exchange

171.65USD
10:02pm IST
Change (% chg)

$-9.76 (-5.38%)
Prev Close
$181.41
Open
$171.83
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$173.69
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$169.68
Volume
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508,710
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$266.67
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FedEx falls on 2019 forecast cut, multiple brokerages lower price target

March 20 Shares of FedEx Corp fell about 7 percent before the bell on Wednesday after the package delivery company cut its 2019 profit forecast for the second time blaming slowing global trade growth and continued weakness in its international Express business.

FedEx cuts profit forecast again on economy, Express woes

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down more than 5 percent and fuelling fresh worries it is losing ground to delivery rivals such as United Parcel Service Inc and Deutsche Post DHL Group.

UPDATE 3-FedEx cuts profit forecast again on economy, Express woes

March 19 FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down more than 5 percent and fueling fresh worries it is losing ground to delivery rivals such as United Parcel Service Inc and Deutsche Post DHL Group.

FedEx again cuts full-year profit forecast

March 19 Package delivery company FedEx Corp reported a lower adjusted quarterly net profit on Tuesday, and cut its full-year earnings per share forecast for the second time, citing weaker global trade growth.

FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot

FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut. | Video

FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot

FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut. | Video

FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot

Feb 27 FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut.

Fed wants balance sheet to align with rate policy: Daly

PALO ALTO, Calif. With the U.S. economy facing significant headwinds, the Federal Reserve should align its balance sheet policy with its new "patient" approach to interest rates, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday.

Fed wants balance sheet to align with rate policy: Daly

PALO ALTO, Calif. With the U.S. economy facing significant headwinds, the Federal Reserve should align its balance sheet policy with its new "patient" approach to interest rates, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday.

BUZZ-Amazon shipping: Analyst says better to buy than build, eyes FedEx, UPS

** "Buying" is a much more attractive option than "building" if Amazon.com is serious about getting into transport business, Loop Capital analyst Anthony Chukumba says

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