FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...
Stocks were rising sharply Thursday after the Federal Reserve reduced interest rates by a half point, an aggressive move and ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
An unexpectedly aggressive rate cut by the Federal Reserve helped propel stocks higher on Thursday. However, a warning from ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
Nike shares climbed 6% in premarket trading. The sportwear company said Thursday that John Donahoe would retire as chief executive next month, [capping a five-year tenure]( ...
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.