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The Latest Breaking News from Raj Subramaniam

These Fortune 500 CEOs climbed from entry-level to corner office at their companies

Meet 11 Fortune 500 CEOs who spent their entire careers at the companies they now lead.

Fortune

Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers

FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.

Fortune

Jerome Powell's sunny economic outlook clashes with the Fed's bold interest rate cut

Is it possible to decouple interest rates and hiring in the coming years?

Fortune

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FedEx Stock Soars on Big Earnings Beat: What To Know

FedEx stock is higher Wednesday after the logistics giant's impressive earnings results and upbeat outlook. Here's what you need to know.

Kiplinger

These 2 Air Transport Stocks Could Be in for Some Sky-High Profits

A strengthening economy, which should come into play in 2024 as the result of a cessation of interest rate increases, and eventual cuts, should benefit not only cash strapped small businesses, but the consumer as well. And if there is one thing a consumer does in the U.S. it’s spend…

StockNews.com

What Does FDX's Disappointing Earnings Mean for Investors?

After a solid year-to-date rally, FedEx Corp (FDX) shares tumbled on account of its second-quarter earnings missing street estimates. In such a scenario, would it be wise to adopt a bullish stance on this stock? Let’s find out….

StockNews.com

FedEx (FDX) Earnings Breakdown: Should You Buy, Hold, or Sell the Stock?

As FedEx Corp (FDX) gears up to disclose its fiscal second-quarter earnings, how should investors position themselves in light of the company’s impressive fiscal first-quarter results? Keep reading to find out….

StockNews.com

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$100 million advanced capability community of FedEx opened in Hyderabad

The Hindu

FedEx’s boom and slump is partly just a COVID distortion, says CEO Raj Subramaniam

“If there was no pandemic, the trend [would] be kind of okay,” Subramaniam said at the Fortune Global Forum in Abu Dhabi.

Fortune

FedEx Reports Earnings Beat In Q4 Despite Revenue Shortfall

Package delivery giant returns $2.7 billion to shareholders, guides for lower earnings in FY 2024

Zenger

FedEx Stock Slides On Weak Q4 Sales, Muted Package Demand Outlook

“The solid close to the fiscal year demonstrates the significant progress Team FedEx has made in advancing our global transformation while adapting to the dynamic demand environment,” said CEO Raj Subramaniam.

The Street

Stocks Edge Lower, Johnson & Johnson Talc Settlement, Walmart Investor Day, FedEx Cost Cuts, C3.AI Slumps -Five Things To Know

Stock futures edge lower as stagflation concerns clip sentiment; Johnson & Johnson shares gain on new talc settlement plans; Walmart slips lower as retailer confirms 2023 profit outlook ahead of investor day; FedEx to detail cost-cutting plans at drive program update and C3.Ai shares extend slump as short-seller alleges 'serious'…

The Street

FedEx Earnings Preview: Cost Cuts, Ground Margins, Global Demand Weakness In Focus

FedEx is hoping a big cost-cutting drive will improve profit margins, but a weakening global economy will put its execution to the test.

The Street

FedEx is facing a big downturn. It may give us a vital clue about the economy

A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.

WEKU

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Tribune News Service

FedEx has biggest drop in over 40 years after pulling forecast

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

The Street

FedEx Stock Plunges On Surprise Profit Warning, Global Shipping Demand Slump

“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S," said CEO Raj Subramaniam.

The Street

FedEx Stock Slides As Ground Margin Forecast Highlights Inflation Challenge

"Our strategy is focused on driving yields, expanding margins, and elevating returns through profitable growth and capital efficiency," said new CEO Raj Subramaniam.

The Street

FedEx Stock Soars After Q3 Earnings Beat, Solid 2023 Profit Outlook

"While Q4 volumes were down year-over-year we successfully implemented strategic actions that drove double-digit yield improvement across the board," said CEO Raj Subramaniam.

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Benzinga

FedEx Q4 Earnings Highlights: Revenue Miss, EPS In-Line, 2023 Guidance, Share Buyback And More

Shipping and logistics company FedEx Corp (NYSE: FDX) reported fourth-quarter and full-year earnings after the market close Thursday. Here are the key highlights.

The Street

FedEx Tops Q4 Revenue Forecasts, Sees Solid Fiscal 2023 Profits, Share Buybacks

“Our fiscal 2022 financial performance was a result of our team's ability to adapt to a number of unexpected challenges," said new CEO Raj Subramaniam.

The Street

FedEx Earning Preview: Package Growth Forecast, Activist Changes In Focus Under New CEO

Raj Subramaniam will front his first quarterly earnings as FedEx CEO Thursday amid big changes to its near-term spending plans and a potential slow-down in package volumes linked to a possible U.S. recession.

The Street

FedEx Stock Surges As Activists Win Board Seats, Dividend Boost Following Fred Smith Departure

CFO Michael Lenz said the dividend boost ensures that FedEx's "capital allocation strategy reflects our confidence in the trajectory of the business."

Benzinga

If You Invested $1,000 In FedEx Stock At The IPO, Here's How Much You'd Have Now

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO.

Investors Business Daily

FedEx Stock Pops On CEO Change, UPS Expands Google Cloud Partnership

FedEx stock rose as founder Fred Smith will step aside as CEO. UPS expands Google Cloud ties as businesses generate more data.

The Street

FedEx Stock Jumps As Founder And CEO Fred Smith Moves To Chairman Role

COO Raj Subramaniam will replace FedEx's iconic leader Fred Smith as head of the world's biggest package delivery group later this year.

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