FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...
Ever wondered if FedEx’s stock is actually worth its price tag, or if there is hidden value waiting to be discovered? You are ...
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...
FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...
FedEx's stock has declined ~5% since I covered it last year, indicating continued stagnation in line with the economic trend. Technology savings may not improve margins, as its competitors appear to ...
FedEx's sales and profit fell last quarter from the year-ago period. It said it will be able to cut another $1 billion beyond what it forecast in September. The company posted particular weakness in ...
(Reuters) - FedEx reported quarterly profit and revenue above Wall Street estimates, as cost-cutting and strength in domestic deliveries helped offset weaker international volumes after the U.S. ended ...
FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...
LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...