FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
Morgan Stanley analyst Ravi Shanker maintained a Hold rating on FedEx (FDX – Research Report) today and set a price target of $215.00. The company’s shares closed last Friday at $298.77.
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
Ideally the Fed will cut rates by a half-point without triggering growth worries, Morgan Stanley says. CIO Mike Wilson noted that the bond market is acting like the Fed is behind the curve.
Read more: Amazon posing a threat to FedEx is a 'fantastical' idea, CEO said - but the reality is much more complicated Morgan Stanley analysts wrote in the January 7 note that Amazon's plan ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...