News

FedEx Founder, Who Saved Company in Early Days by Gambling Final $5K in Vegas, Dies at 80
Fred Smith, who pioneered the express delivery industry when he founded FedEx more than 50 years ago, died at the age of 80 ...
Memphis and Tennessee leaders react to Fred Smith's death: 'An incalculable loss'
Memphis is mourning the loss of FedEx founder Fred Smith, who died at age 80. Memphis leaders and officials praised Smith's ...
FedEx: Fiscal Q4 Earnings Snapshot
For the year, the company reported profit of $4.09 billion, or $16.81 per share. Revenue was reported as $87.93 billion. For the current quarter ending in August, FedEx expects its per-share earnings ...
FedEx forecasts profits below analysts' target, shares dive 5% after hours
FedEx signaled caution ahead with a forecast for the current quarter that was short of analysts' target, sending shares in ...
FedEx earnings: Profits better than expected in Q4, 'solid finish' for fiscal year
FedEx reported better-than-expected fourth-quarter profits, but company officials warned of the impact of economic ...
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‘He’s a legend’: Herenton reflects on Fred Smith’s legacy in Memphis
Former Memphis Mayor Dr. Willie Herenton reflected Monday on the passing of FedEx founder Fred Smith, and his impact on the ...
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The Early Word: No new Shelby County taxes and what’s next for FedEx
Germantown’s taxes are going up, a state ban will make it harder to catch a legal buzz and big tech predates the “Digital ...
FedEx Stock Slides as Shipping Giant Shelves Full-Year Forecast
FedEx ( FDX) shares fell in extended trading Tuesday as the shipping giant suspended its full-year forecast. The decision to ...
FedEx Posts Growth, Mixed Outlook Amid Tariffs and Inflation
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.