The shipping giant is considered an indicator of economic conditions in the United States.
The package-delivery giant posted earnings per share of $2.42, missing estimates.
CNBC's Jim Cramer said FedEx's latest deal means this for Europe.
U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express.
Mega investors Dan Loeb and George Soros have both recently added big positions in FedEx. Larry McDonald, Newedge USA, and CNBC contributor Carol Roth, talk about what's behind the billionaires buying up FedEx shares.
The U.S. economy is improving but would be even healthier if the tax code was changed to give companies more incentives to invest, the head of FedEx told CNBC Thursday.
CNBC.com looked at the top ten colleges and discovered which CEOs spent time there as underclassmen. Check out what we found.