FedEx: The Good, The Bad, And The Ugly

02:20pm, Friday, 23'rd Sep 2022
FedEx stock has crashed over 20% as its latest report showed the full impact of macro headwinds. Analysts seem to believe that macro headwinds are not the only culprit here, with the heavy implication
Yahoo Finance's Akiko Fujita discusses FedEx stock following the company's earnings call.
FedEx just reported disappointing results for its FY2023 Q1. The large price corrections followed sent its dividend yield to about 2.5%, near the highest level in a decade.
The transport bellwether FedEx (FDX) delivered disappointing first-quarter fiscal 2023 results. The courier company missed both earnings and revenue estimates.
Shares of FedEx Corp. fell Friday, as the package delivery giant's warning of a disappointing earnings report didn't go far enough, but some analysts found reason to be optimistic.

FedEx raises package rates by 6.9%

10:56am, Friday, 23'rd Sep 2022
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss FedEx increasing package rates by 6.9%.
Raj Subramanian, the CEO of package delivery giant FedEx (NYSE: FDX ), had already warned of an imminent global recession last week. Consequently, today's traders should have been prepared for FedEx
Near a 52-week low and after a big dividend hike, FedEx stock offers an attractive passive-income stream.

FedEx Raises Package Rates, Outlines Cost Cuts

10:30am, Friday, 23'rd Sep 2022
FedEx outlined plans to park planes, suspend some Sunday deliveries, and shut corporate offices after falling demand impacted its first quarter profits and prompted the company to withdraw its forecas
FedEx is cutting costs and raising prices after a quarter in which its global package and freight volume dropped 11% year over year, the company announced Thursday (Sept. 22) in its quarterly earnings

Down Over 50%, Is FedEx Stock a Buy?

10:15am, Friday, 23'rd Sep 2022
FedEx stock plummeted to a 52-week low after its disconcerting business update.
Cowen Senior Research Analyst Helane Becker joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss FedEx earnings and discuss the global economic outlook.
The stock market continued to sell off as the Fed hiked rates aggressively and Treasury yields surged. The Dow Jones tested June lows.
Operating expenses at FedEx (FDX) increase 7% in Q1, mainly due to high fuel costs.

United Parcel Service, Another FedEx Fiasco

08:00am, Friday, 23'rd Sep 2022
A friendly reminder that UPS will be reporting FQ3'22 earnings in October 2022, after the disastrous results from FedEx. Both stocks have catastrophically tumbled, FDX by -42.07% and UPS by -28.17% fr
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