J.P. Morgan abandoned its bullish stance amid increasing worries that the earnings guidance may be too optimistic.

FedEx shares rose in extended trading Thursday after the shipping giant reinstated its full-year outlook and posted quarterly sales that topped estimates.

A FedEx shipping center at 117 W. 17th St. in Erie will close its doors in June as part of a companywide effort to streamline operations. FedEx, which also operates other facilities in Erie County, ...

Investors are rapidly offloading shares of FedEx, causing a $7.68 billion loss in company value after the company trimmed its full-year sales forecast, stirring concerns about subdued shipping demand ...