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FedEx Corporation News

How FedEx Stock Can Extend its Rally

FedEx stock is rallying on earnings and is hitting multi-month highs. Here's how high it could go.

FedEx Stock Soars After Q3 Earnings Beat, Solid 2023 Profit Outlook

"While Q4 volumes were down year-over-year we successfully implemented strategic actions that drove double-digit yield improvement across the board," said CEO Raj Subramaniam.

Stock Market Today-6/24: Dow Surges 800 Points As 'Relief Rally' Defies Global Growth Concerns

Stocks finished sharply higher Friday as investors rode a so-called 'relief rally' while re-setting other market prices for a near-term recession.

Stocks Higher, Bank Stress Tests, FedEx, Gas Prices and Arm Listing - Five Things To Know

Stock futures higher but growth concerns linger; U.S. banks pass Fed stress tests, paving way for dividend boost; FedEx shares jump after Q4 earnings beat, solid 2023 outlook; Gas prices slide as White House meets with oil bosses and Softbank's son says Arm likely to list on the Nasdaq

FedEx Tops Q4 Revenue Forecasts, Sees Solid Fiscal 2023 Profits, Share Buybacks

“Our fiscal 2022 financial performance was a result of our team's ability to adapt to a number of unexpected challenges," said new CEO Raj Subramaniam.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know

Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.