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 ...
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 ...
A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening. Investors were looking for solid results amid trade uncertainty and weak shipping markets ...
(Reuters) - Shares of FedEx rose as much as 2% in early trade on Friday, after the parcel giant's first-quarter results surprised Wall Street, driven by strong domestic deliveries and cost-cutting ...
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 Corp. (NYSE:FDX) is one of the 10 most undervalued industrial stocks to buy according to analysts. A weaker industrial economy has impacted FedEx’s growth, and the company had to lower its ...
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