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Benzinga

Business

Nabaparna Bhattacharya

UNBELIEVABLE: Fedex bets on cost cuts to boost margins says analyst - Caught on Camera

FedEx FDX Ken Hoexter

Fedex

FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations.

The company reported adjusted earnings per share of $3.83, beating the consensus estimate of $3.62. In addition, FedEx reported sales of $22.20 billion, beating the consensus estimate of $21.66 billion.

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Top stories on inkl right now

Italy sends hundreds of soldiers to Milan for protest, one of many planned across Europe

Italy sends hundreds of soldiers to Milan for protest, one of many planned across Europe

Italy has deployed soldiers to Milan as the city braces for fresh protests following last week's riots

The Independent UK

Australian MP Helen Haines no longer in critical condition after alleged attack

Australian MP Helen Haines no longer in critical condition after alleged attack

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Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

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'Told them we will put 250% tariffs...': Trump reiterates claim of India-Pakistan ceasefire through tariff threat

'Told them we will put 250% tariffs...': Trump reiterates claim of India-Pakistan ceasefire through tariff threat

Donald Trump addressed a rally, asserting he halted hostilities between India and Pakistan with trade tariff threats. He claimed that his ultimatum led to both countries de-escalating their military actions. India, however, disputed Trump's assertions, particularly about aircraft losses during the conflict. The Indian government has consistently rejected any external…

The Economic Times

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New Pentagon UFO files reveal mystery ‘black triangle’ over sensitive US site

New Pentagon UFO files reveal mystery ‘black triangle’ over sensitive US site

The observers described it to be as fast as a fighter jet but it had ‘no visible exhaust gases’, newly releases files reveal

The Independent UK

Sperm whale carcass buried on Tasmanian beach sparks concerns over potential shark attack

Sperm whale carcass buried on Tasmanian beach sparks concerns over potential shark attack

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The Independent UK

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Top stories on inkl right now

Italy sends hundreds of soldiers to Milan for protest, one of many planned across Europe

Italy sends hundreds of soldiers to Milan for protest, one of many planned across Europe

Italy has deployed soldiers to Milan as the city braces for fresh protests following last week's riots

The Independent UK

Australian MP Helen Haines no longer in critical condition after alleged attack

Australian MP Helen Haines no longer in critical condition after alleged attack

Haines, 65, who represents the rural Victorian seat of Indi in the northeast of the state, was struck by a Toyota Land Cruiser

The Independent UK

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

Looters hit 3,000 French businesses. Within hours, the haul was trending on Vinted under the riot’s date

“Since this weekend, our teams have taken immediate action to identify and remove listings linked to the looting,” secondhand marketplace Vinted said.

'Told them we will put 250% tariffs...': Trump reiterates claim of India-Pakistan ceasefire through tariff threat

'Told them we will put 250% tariffs...': Trump reiterates claim of India-Pakistan ceasefire through tariff threat

Donald Trump addressed a rally, asserting he halted hostilities between India and Pakistan with trade tariff threats. He claimed that his ultimatum led to both countries de-escalating their military actions. India, however, disputed Trump's assertions, particularly about aircraft losses during the conflict. The Indian government has consistently rejected any external…

The Economic Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

New Pentagon UFO files reveal mystery ‘black triangle’ over sensitive US site

New Pentagon UFO files reveal mystery ‘black triangle’ over sensitive US site

The observers described it to be as fast as a fighter jet but it had ‘no visible exhaust gases’, newly releases files reveal

The Independent UK

Sperm whale carcass buried on Tasmanian beach sparks concerns over potential shark attack

Sperm whale carcass buried on Tasmanian beach sparks concerns over potential shark attack

A resident says ‘children like to swim in the area directly out front from where whale is currently being buried’

The Independent UK

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The Conversation

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