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He sees the U.S. resuming free trade ‘as the modern-day equivalent of the Marshall Plan.'
Logistics and transportation giant FedEx Corporation FDX could provide a snapshot of the sector's performance when it reports fourth-quarter financial results after the market closes on Tuesday.
EXPD, FDX and DAL raise dividends amid sector pressures, signaling strength through disciplined capital returns.
FedEx Corporation FDX will release earnings results for the fourth quarter, after the closing bell on Tuesday, June 24.
CNBC's 'Squawk Box' crew pays tribute to FedEx founder Fred Smith.
FedEx (FDX) founder Fred Smith, who turned a small delivery company into a global shipping giant, died on Saturday, the company said. He was 80.
The Federal Reserve held interest rates steady last week. Now, Fed Chair Jerome Powell will explain the central bank's views on the economy to legislators when he delivers his regularly scheduled testimony to Congress this week.
The company founder built a global transportation giant. He died Saturday at age 80.
The expectation is for Q2 earnings to increase by +5% from the same period last year on +3.9% higher revenues. This will be a material deceleration from the growth trend of recent quarters.
FedEx is down 20% YTD in '25 and down -7.77% in the last twelve months after guiding lower for fiscal Q4 '25 in March '25, and has now guided the last 3 quarters lower, despite the focus on reducing FedEx's cost structure by $2 billion. FedEx stock is about 10% -15% cheap to perceived intrinsic value. The negative EPS and revenue revisions are the biggest issue around FedEx right now.