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The Latest Breaking News from FedEx

FedEx's Stock Plummets on Profit Miss, Slashed Annual Revenue Forecast

Uh-oh! FedEx shares take a tumble as quarterly profits fall short and annual revenue forecast gets slashed. Buckle up for a bumpy ride ahead!

Top News

S&P Futures Slip as Investors Await U.S. Economic Data, FedEx Results Disappoint

March S&P 500 E-Mini futures (ESH24) are trending down -0.20% this morning as investors digested disappointing earnings results from global economic bellwether FedEx and looked ahead to a fresh batch of U.S. economic data.

Barchart

Stock Index Futures Tick Higher on Fed Rate Cut Hopes, U.S. Housing Data in Focus

March S&P 500 E-Mini futures (ESH24) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.11% this morning as optimism about interest rate cuts from the U.S. Federal Reserve next year continued to underpin sentiment, with investors bracing for the release of fresh data on the U.S.…

Barchart

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Stock Index Futures Tick Higher Ahead of U.S. Housing Data

March S&P 500 E-Mini futures (ESH24) are up +0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.02% this morning as market participants geared up for the release of fresh data on the U.S. housing market.

Barchart

FedEx (FDX) Earnings Breakdown: Should You Buy, Hold, or Sell the Stock?

As FedEx Corp (FDX) gears up to disclose its fiscal second-quarter earnings, how should investors position themselves in light of the company’s impressive fiscal first-quarter results? Keep reading to find out….

StockNews.com

DHL Thinks Its Electric Trucks Are Just Right For The Country

DHL shows off one of its new EV class 8 Semi trucks for delivery, in Ohio. These trucks use up to 50% less energy than a traditional Diesel truck on the same route.

InsideEVs

Shipping gifts to loved ones? The deadline is almost on top of you

Sending presents to loved ones? Better hurry.

Fortune

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Could UPS and FedEx get holiday packages to their destinations faster? This research suggests yes

Every year, parcel delivery companies – think UPS and FedEx – hire tens of thousands of seasonal driver helpers to handle the deluge of presents that arrive with the holidays. At peak times, shipping firms depend on their helpers just as much as Santa depends on his elves. And those…

The Conversation

Browns QB Joe Flacco nominated for FedEx Air Player of the Week just three weeks off the couch

After scorching the Jaguars for 311 yards and three scores, Browns QB Joe Flacco has been nominated for FedEx Air Player of the Week

USA Today Sports Media Group

Afternoon Edition: How to tip service workers the right way this holiday season

Plus: Grocery store operator sued, taking a hot tub boat down the Chicago River and more.

Chicago Sun-Times

James Conner named Week 13 ground player of the week

Fans voted for Conner the winner after his 105-yard, two-touchdown performance in Week 13 in a win over the Steelers.

USA Today Sports Media Group

How to tip Chicago service workers the right way this holiday season

Etiquette experts said tipping extra or gift giving during the holidays shows you appreciate the workers you revisit often throughout the year.

Chicago Sun-Times

$100 million advanced capability community of FedEx opened in Hyderabad

The Hindu

FedEx’s boom and slump is partly just a COVID distortion, says CEO Raj Subramaniam

“If there was no pandemic, the trend [would] be kind of okay,” Subramaniam said at the Fortune Global Forum in Abu Dhabi.

Fortune

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The Independent UK

Safety officials release details of their investigation into a close call between planes in Texas

Safety officials are releasing details of their investigation into a close call between a FedEx plane and a Southwest Airlines jet earlier this year in Austin, Texas

The Independent UK

Lawsuit seeks $5M for Black former delivery driver who says white men shot at him in Mississippi

A Black former delivery driver who says two white men shot into his work van and then pursued him in a chase in Mississippi has filed a new lawsuit against the men and his former employer, FedEx

Salon

GOP pushing toward a Putin victory

Among Republicans who support Donald Trump, nearly all of them support cutting off aid to Ukraine

Fortune

Amazon is set to deliver 5.9 billion packages this year—more than UPS or FedEx

But it’s still far short of the USPS.

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Chicago Sun-Times

1 dead after freight train, semitruck collide in Back of the Yards rail yard

The collision happened about 6:30 a.m. Monday in the Norfolk Southern rail yard at 350 W. Garfield Ave.

The Independent UK

Shippers anticipate being able to meet holiday demand

Carriers like the U.S. Postal Service, FedEx and United Parcel Service have capacity to meet projected demand this holiday season, which is cheery news for shoppers and shippers alike

Fortune

JP Morgan Chase, Siemens, and FedEx show that blockchain finance is more than a buzzword

Programmable money is now being used daily in a growing range of corporate applications.

WhatToWatch

Ken Jennings: things you didn't know about the Jeopardy host

Ken Jennings went from Jeopardy contestant to Jeopardy host, but what else is there to know about him?

Creative Bloq

This nature inspired airport logo has an ingenious dual design

Can you spot the hidden symbol?

Golf Monthly

Butterfield Bermuda Championship Purse, Prize Money And Field 2023

There'll be a new Butterfield Bermuda Champion in 2023, with Adam Scott among the field at Port Royal Golf Course

Kiplinger

Holiday Shipping Deadlines for 2025: When To Send Your Packages

These carriers want you to know their holiday shipping deadlines so you can get your packages to their destinations on time.

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