FedEx exited first-quarter fiscal 2025 with cash and cash equivalents of $5.94 billion compared with $6.50 billion at the ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
FEDEX cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for ...
The yen strengthened, recouping much of Tuesday’s losses, amid a largely directionless Asian session as traders debated the size of a potential Federal Reserve interest-rate cut. Stocks were mixed.
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