FedEx Express pilots picket outside the New York Stock Exchange (NYSE) in New York, on Monday, Sept. 26, 2022. Michael Nagle | Bloomberg | Getty Images The union representing FedEx pilots unanimously ...
Tag: FedEx
How A U.S. Trade Loophole Called ‘De Minimis’ Is China’s ‘Free Trade Deal’
A worker makes clothes at a garment factory that supplies SHEIN, a cross-border fast fashion … [+] e-commerce company in Guangzhou. (Photo by Jade Gao / AFP) (Photo by JADE GAO/AFP via Getty Ima...
More Than 81,000 Employees Laid Off In Major U.S. Layoffs In January
Topline More than 81,000 employees lost their jobs in major U.S. layoffs in January alone—the most in any one month since Forbes started tracking layoffs last summer—including major cuts at Amazon, Go...
FedEx lays off 10% of officers and directors amid cooling demand
Raj Subramaniam, FedEx Corporation, speaks at the U.S. Chamber of Commerce Aviation Summit in Washington, D.C. on March 5, 2020. Kristoffer Tripplaar | Sipa via AP Images FedEx is cutting more than 10...
FedEx Makes Returns Easier For Customers
FedEx expanded its network of return facilities and is offering hassle-free returns for customers … [+] that shop at participating retailers. getty FedEx will offer customers an easier returns p...
Cessna’s SkyCourier Landed Its First Airline Customer Just Seven Months After FedEx Took Delivery
Cessna’s SkyCourier has been quick out of the gate in the passenger market as well as the freighter … [+] market. Textron Aviation The news that a startup regional carrier in Mexico has be...
Stocks Limp Toward 2023 as the Data Show Few Signs of a Clear Direction
Stocks limped on the low volumes of the pre-Christmas week, battered by conflicting data and leaving investors with a muddled outlook going into 2023. It’s a dynamic in which good news and bad news te...
FedEx, UPS warn on delays, airlines cancel more flights
An American Eagle plane taxis during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images FedEx and ...
Nike, FedEx quarters demonstrate key lesson for investors
CNBC’s Jim Cramer said Wall Street’s reaction Wednesday to quarterly results from Nike and FedEx offers an important lesson for investors: It’s misguided to focus purely on Federal R...
Rite Aid, Nike, FedEx and others
Check out the companies making headlines before the bell: Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecast...
FedEx (FDX) earnings Q2 2023
FedEx said Tuesday it would cut $1 billion more in costs after weak demand ate into its quarterly profit. The company in September announced cost-cutting measures that included parking planes and clos...
Stocks moving after hours: Nike, FedEx, Workday
These are the stocks moving after the bell on Tuesday, December 20, 2022: Nike (NKE) Nike shares rose as much as 6.5% late Tuesday after the company’s second quarter revenue came in above expect...
Nike, FedEx, Micron, General Mills, and Other Stocks for Investors to Watch This Week
A bevy of economic data and several notable companies reporting will keep investors busy this week, before things slow down for the holidays. On Tuesday, Nike FedEx and General Mills release quarterl...
FedEx and Nike earnings will hold vital hints on holiday-shopping strength
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on deman...
The Most-Bought Guru Stocks Of The 3rd Quarter
Summary Gurus were snapping up these 5 stocks in the 3rd quarter. The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued ra...
Top Mutual Fund Holders of FedEx (FDX)
Top Mutual Fund Holders of FedEx Stock Holder Shares Market Value Date Reported Dodge & Cox Stock Fund 10.8 million $1.6 billion Sept. 30, 2022 Vanguard PRIMECAP Fund Admiral Shares 9.06 million $...
Grid And Charging Speed Bumps Ahead As Amazon, FedEx And Transit Fleets Go Electric
Amazon is adding 100,00 electric Rivian delivery trucks to its fleet. Rivian AmazonAMZN , FedExFDX and other big fleet operators are moving fast to replace their vast fleets of exhaust-spewing deliver...
Everything But The Kitchen Sink
No doubt, it has been a tough go of it for corporations and their stock prices this year. Higher interest rates and fears of recession have led folks to bail on stocks no matter their valuations. Mark...
Scorecard For FedEx And 2 Other Logistics Companies
. Logistics Stocks Recent News The global logistics market is expected to grow at a 6.8% compound annual growth rate (CAGR) between 2022 and 2030, particularly due to a surge in e-commerce logistics, ...
Nike is the next bellwether in focus after FedEx earnings whiff
If you thought FedEx laid a big fat egg with its earnings report last week, then brace yourself for Nike’s fiscal first quarter earnings due out after the close of trading on Thursday. There are...
FedEx, Boeing, Domino’s and more
Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022. Justin Tallis | AFP | Getty Images Check out the companies making headlines in midday trading. Boein...
FedEx, Costco, Boeing and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in an...
Costco, FedEx, DocuSign and more
FedEx (FDX): The delivery company announced cost-cutting measures and rate hikes after warning in preliminary fiscal first-quarter results of weakening demand. FedEx released its fiscal first-quarter ...
FedEx details its strategy to offset weakening demand
FedEx Corporation (NYSE: FDX) ended in the green on Thursday after the logistics company announced cost cuts and hiked shipping rates. Details of the rate hikes The multinational conglomerate revealed...
FedEx (FDX) reports Q1 earnings
A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last we...
FedEx Earnings Are Coming. It Shouldn’t Get Any Worse.
Text size FedEx investors will want to hear from management after a disappointing update given a week ago. Joe Raedle/Getty Images Shipping giant FedEx reports its fiscal first-quarter financial resul...
Ford shocked investors just like FedEx — here’s what Wall Street is saying
FedEx has found a friend in the camp of big, ugly third-quarter financial pre-announcements. The auto giant Ford warned of a whopping $1 billion profit hit late Monday in the form of higher parts cost...