FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.

FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...

An executive at FedEx has issued a gloomy warning for the U.S. economy, which is already grappling with fears over an ...

Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...

FedEx shares fell 5.3% to $232.29 in after-hours trade, while rival United Parcel Service (UPS.N), opens new tab stock shed 1.1%. Those companies are seen as barometers for the global economy ...

FedEx lowered its full-year earnings and revenue guidance due to weakness in the U.S. industrial economy. Business-to-business shipping remains under pressure, as low-margin e-commerce deliveries ...

(Reuters) -FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as ...

FedEx is merging its Express and Ground networks ... macroeconomic headwinds and uncertainty in the U.S. industrial economy, which are crimping higher margin B2B shipping services.

FedEx revised its outlook downward, citing "weakness and uncertainty" in the US industrial economy. The shipping giant said its freight and business-to-business demand were soft in the third quarter.

FedEx shares fell 5.3% to $232.29 in after-hours trade, while rival United Parcel Service stock shed 1.1%. Those companies are seen as barometers for the global economy since their business ...