FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.

Shares of the company were down nearly 13% in premarket trading, with rival UPS down 2.4%. FedEx, which is seen as a ...

FedEx (FDX) likely faces a "greater earnings risk" over the long term than previously expected, given the extent of its fiscal first-quarter miss and a potentially steep recovery path, Morgan Stanley ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...

NEW YORK, Sept. 20 (Xinhua) -- U.S. stocks ended mixed on Friday, as the initial excitement over the first major easing of interest rate policy began to wane. Wall Street is now grappling with ...

In a ruling that was welcomed by victims, the High Court found that rules on disclosure of information to the Independent ...