FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.

U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in ...

Shares in the Memphis-based delivery giant tumbled almost 11 percent to $267.74 in after-hours trading, dragging shares in rival United Parcel Service down 2.5 percent.

FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...

Wall Street is quieter, and U.S. stocks are edging back from the records they set the day before during a worldwide rally.

The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...

On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...

S&P 500 E-Mini futures (ESU24)are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning ...

An unexpectedly aggressive rate cut by the Federal Reserve helped propel stocks higher on Thursday. However, a warning from ...

Trump can sell DJT shares, Nike executive shake-up boosts stock, FedEx earnings, and more news to start your day.

Mercedes-Benz revised down its full-year profit outlook for the second time in under two months, following a continued slump ...