FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
JPMorgan lowered the firm’s price target on UPS (UPS) to $120 from $135 and keeps a Neutral rating on the shares post the Q4 report. The ...
Boyd Sports, which also owns the Knoxville Smokies, said it is working with the city of Bristol on a new stadium for the ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which ...
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 ...
Nouriel Roubini, senior advisor at Hudson Bay Capital, explains why he sees the disruption DeepSeek brings to AI as positive ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
Memphis' hometown PGA Tour event, the FedEx St. Jude Championship, is launching a fund designed to aid nonprofit ...