Company
FedEx Corp
NYSE:FDX
FedEx Corp provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services.
93 stories
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Nasdaq ends lower as Santa Claus rally fizzles
At the close, the Dow fell 476 points to 37,082, while the S&P 500 eased 70 points at 4,698 and the tech-heavy Nasdaq slipped 225 points to 14,778
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Dow higher on continued rate-cut hopes
At the close, the Dow rose 252 points to 37,558, while the S&P 500 added 28 points at 4,768 and the tech-heavy Nasdaq gained 98 points to 15,003
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Nasdaq swoons after Fed indicates rates will remain elevated for a long time to come
The Dow closed Wednesday down 77 points, 0.2%, at 34,441, the Nasdaq Composite lost 209 points, 1.5%, to 13,469 and the S&P 500 declined 42 points, 0.9%, to 4,402
Dow Jones, S&P 500 and Nasdaq tumble as sell-off resumes
At the close the Dow was 348 points lower, or 1.04%, to 33,028, the S&P 500 was down 56 points, or 1.44%, at 3,823 and the Nasdaq Composite declined 233 points, or 2.18%, to 10,476.
FedEx delivers disappointing 1Q 2023 results; reveals rate hikes and cost cutting measures
Revenues came in at US$23.3 billion, missing analysts' expectations of $23.59 billion. Adjusted earnings per share were US$3.44, below estimates of $5.14
US indexes fall for the fourth week out of the last five; FedEx plunges after forecasting global recession
The Dow closed Friday down 140 points, 0.5%, at 30,822, the Nasdaq Composite dropped 104 points, 0.9%, to 11,448 and the S&P 500 lost 28 points, 0.7%, to 3,873
FedEx sees first quarter missing estimates, pulls full-year forecast amid global demand warning
The global delivery firm said it expects to report revenue of $23.2 billion for the first quarter, missing analysts' expectations of $23.59 billion, while adjusted earnings are expected to be $3.44 per share, well below estimates of $5.14
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Fuller Treacy Comment of the Day - The incredible plan for a 170-km-long skyscraper in the Saudi desert, and more...
Comment of the DayVideo commentary for July 27th 2022A link to today's video commentary is posted in the Subscriber's Area. Some of the topics discussed include: Fed raises rates by 0.75% again, Dollar eases as other central banks play catc
FedEx shares fall after 3Q profit miss as package volume slips
Excluding items such as integration and restructuring expenses, FedEx said per-share earnings rose to $4.59 from $3.47 last year but that missed analysts' call for a profit of $4.64 per share, according to Refinitiv Estimates
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US stocks end sharply higher as equities rally for fourth-straight day
At the close, the Dow gained 274 points to 34,755, while the S&P 500 added 51 points at 4,463 and the tech-heavy Nasdaq climbed 279 points to 13,894
Politicians reassure on Christmas supplies as ports back-up
US president Joe Biden called on retailers to “step up” to ease the bottleneck problem
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US stocks close higher as investors anticipate passage of $900B economic aid package
The Dow, S&P 500, and Nasdaq all hit record closing highs
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Can I Interest You in a 100-Year Boris Bond?
The U.K. has the luxury of a deep investor base that hoovers up long-dated, fixed-income assets to make sure it can meet its future pension and insurance liabilities. So much so that the yield on 50-year Gilts is lower than that of their 30
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Traders Still See Another Quarter-Point Fed Rate Cut by Year-End
Fuller Treacy Money Comment of the Day - Traders Still See Another Quarter-Point Fed Rate Cut by Year-End
FedEx shares drop after package delivery firm warns full-year earnings will miss estimate
The firm expects adjusted earnings for the full-year ended May 31, 2020 to be $11 to $13 per share, lower than the consensus estimate of $14.69
Royal Mail upgraded to ‘hold’ from ‘sell’ by Berenberg on valuation grounds
Berenberg's analysts noted that survey data indicates growth may slow somewhat in 2019 in the European parcel markets but respondents still are planning for around 6% volume growth this year
LATE MOVERS: Pioneer leads a surging oil sector as crude prices set 4-month high
Also making moves were Viacom, General Mills, FedEx and Tencent Music
Royal Mail shares hit new record low as investors react to disappointing numbers from FedEx
In after-hours US trading, FedEx shares dropped 5% after the parcels group cut its profit targets for the current fiscal year citing troubles at its express delivery business
EARLY MOVERS: FedEx's first quarter disappoints while AutoZone shares slip after auto-parts retailer misses sales estimates
Also in focus in pre-market is Kraft Heinz and its new source and New Age Beverages Corp
FedEx orders 20 electric Semi trucks from Tesla
Shipping giant could see fuel savings of more than US$200,000 per vehicle
FedEx Corp, Mulesoft, Arena Pharmaceuticals - After the bell
Proactive takes a look at the after hours trade in New York..
FedEx Corp, Mulesoft, Arena Pharmaceuticals and more - AFTER HOURS
Proactive Investors takes a look at the after-hours trade in New York
US stocks finish higher ahead of Fed policy meet
A look at US and Canadian markets as the day progresses
Facebook, FedEx Corp, Arena Pharmaceuticals and Children's Place - PRE-MARKET
Proactive takes a look at the pre-market trade in New York
US stocks close higher on a late rally after the Federal Reserve calms concerns over interest rate hikes
The Federal Reserve sees economic growth to remain steady with no serious risks of a pause to its planned pace of rate hikes
Investments and investor services
Volatile day ends with blue-chips on the up (but down on the week)
In the time it takes to read this report, the market will likely have changed direction again
Amazon to launch business delivery service to rival FedEx and UPS
FedEx and UPS shares fell sharply on news it faces a threat from Amazon
FedEx, Red Hat, Micron Technology and more - After the bell
A look at extended hours trade in New York on Tuesday night..
FedEx raises full year profit outlook after quarterly growth
FedEx said the June cyber-attack on TNT Express cut US$100mln from quarterly profit
FedEx, Red Hat, Micron Technology and more - AFTER HOURS
The packaging firm, FedEx is often considered a bellwether for the US economy...
United Parcel Service, FedEx shares weak on report Amazon.com is testing new delivery service
A Bloomberg report, which cited people familiar with the plan, said Amazon is looking to make more products available for free two-day delivery and to relieve overcrowding in its warehouses
FedEx's first quarter earnings disappoint, impacted by TNT Express cyberattack, Hurricane Harvey
The NYSE-listed firm said it earned US$596mln, or US$2.19 a share in the quarter, down from US$715mln, or US$2.65 a share at the same stage a year earlier
Bed Bath & Beyond, FedEx, Adobe Systems and more - AFTER HOURS
Proactive takes a look at what was moving the market after hours in New York
FedEx, Toys 'R' Us, AutoZone, Steelcase and more - PRE-MARKET
Proactive Investors is covering all the movers and shakers in pre-market deals
US stocks gain, close near record highs mustered after Trump’s tax pledge
US stocks closed solidly higher on Thursday, and close to fresh record highs negotiated intraday after President Donald Trump vowed “phenomenal” corporate tax cuts within weeks
US stocks end down, Dow misses 20,000 again
US stocks ended lower on Wednesday as the Dow once more attempted and failed to break 20,000
Archive
Carnival earnings to sail into view
Berenberg went to 'hold' from 'buy' and reduced its price targets to £40 and $50, implying 4% downside.
US stocks rally after Fed leaves rates on hold
US stocks rallied on Wednesday in the aftermath of the Federal Reserve’s decision to leave rates on hold, for now. The relief rally was immediate and led the Nasdaq Composite to climb to a new record high amid a broad advance by US equities
US shares end flat-to-lower, Fed watch continues
US stocks ended flat-to-lower on Tuesday as the Fed rate vigil engulfed rational thought and led investors to a conclusive stalemate
US shares close higher as energy stocks perk up on pared oil price losses
US energy shares helped solidify Wall Street gains by the close on Tuesday – after earlier strife over the uncertainty contained in Fed chair Janet Yellen’s testimony on Capitol Hill - leaving the S&P 500 to notch its second straight day of
PREVIEW: Royal Mail tipped to deliver the goods
Royal Mail expected to report revenues of £9.2bn and pre-tax profits of £410mln
US mid- and small-caps outperform as oil soars
Mid- and Small-cap stocks lead bourse gains as oil punches $40
Yesterday’s US rally seen petering out Thursday
After the Fed's inaction yesterday on rates saw shares head north, US shares are seen likely opening lower on Thursday....
Wall Street retreats amid weak crude prices
Chimerix plunges, Freeport-McMoRan drops; Amazon gains.
FedEx expects to see record number of shipments over holiday season
The delivery company to handle 317mln shipments from Black Friday to Christmas Eve.
U.S. Risers/Fallers: Valeant, Piedmont, Roper, Xerox, GM, Concordia, FedEx
Below are the main news driven share price changes at 11:33 a.m. in New York on Monday:
Wall Street trades higher after Fed statement; Synergy Pharma surges
Wall Street were trading higher before the close today as the Federal Reserve signaled that interest rates would increase more slowly than many investors had been expecting. The S&P 500 (INDEXSP:.INX) rose 0.3 percent to 2,102.11 at 3:4
U.S. stock-index futures inch higher ahead of Fed statement, amid Greece stalemate
U.S. stock index-futures edged higher today but investors remained cautious ahead of a Federal Reserve statement that could provide hints on the timing of a rate hike, and amid signs the impasse in Greek aid talks was deepening. Futures for
Wall Street trades lower amid Greek debt talks stalemate
Wall Street traded lower today amid mounting worries Greece won’t strike a debt deal with its creditors in time to avoid default. The S&P 500 (INDEXSP:.INX) fell 0.7 percent to 2,094.47 at 3:45 a.m. in Toronto. The 30-company Dow
Wall Street dips as utilities drop on bond yield climb; Intel, Fiat Chrysler decline
U.S. stocks inched lower late before the close of trading today as a jump in bond yields weighed on utilities, but optimism that Greece may be close to a deal with its creditors limited losses. The S&P 500 (INDEXSP:.INX) was little chan