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FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and uncertainty over the potential impact of the Trump administration’s tariffs.
Logistics and parcel delivery drive global commerce, keeping goods moving amid rising e-commerce and shifting consumer habits ...
FedEx is set to report fiscal third-quarter results after the closing bell Thursday, and analysts are mostly bullish on the shipping giant's stock.
FedEx (NYSE:FDX) reported quarterly results that missed expectations. In response, the stock is now trading 9 ... pressured by weak industrial dynamics. Freight saw revenues decline 5% driven ...
FedEx Corp. closed 34.23% below its 52-week high of $313.84, which the company achieved on July 16th.
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery business, sending shares in the parcel ...