There's much worry over the news that economic-belwether company FedEx (FDX) plans to lay off 1,700 workers despite posting strong earnings. But these layoffs don't have much to do with the economy, ...
FedEx's stock rallies in extended trading after logistics company reinstates outlook for the full year Wall Street was eager to parse FedEx earnings for any clues about the broader U.S. economy. FedEx ...
FedEx lowered its full-year guidance for the second time in three months due to what CEO Raj Subramaniam called a "challenging operating environment" in the third quarter that isn't expected to ...
FedEx warned that a global recession could be coming, as demand for packages around the world tumbles. Shares of FedEx plunged 21% Friday - the biggest one-day drop in its history - after the company ...