This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also aid in comparative analysis and benchmarking within the industry and with investors who track the company's performance.
FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel delivery sector.
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 fiscal-year fourth-quarter earnings.
Geneos Wealth Management Inc. trimmed its stake in FedEx Co. (NYSE:FDX – Free Report) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
FedEx Corporation (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published by Fortune magazine.
Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive FedEx network is both a vital part of the global small business supply chain and a key distribution network for those companies.
Avior Wealth Management LLC decreased its stake in FedEx Co. (NYSE:FDX – Free Report) by 64.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission.
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MEMPHIS, Tenn., January 23, 2025--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) ("FedEx") announced today the early participation results of its previously announced offers to exchange (each an "Exchange Offer" and, collectively, the "Exchange Offers") any and ...
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a disappointing 2025 outlook and announced plans to reduce its delivery volume for Amazon,
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
United Parcel Service, Inc. (NYSE:UPS), the world's largest package delivery company, continues to navigate a complex and evolving global logistics landscape. With a vast network spanning over 220 countries and territories,