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Explaining the Logistics Behind FedEx Corporation's 19% Surge in March

2016-04-04 21:19:20| Air Courier - Topix.net

The reason behind FedEx's strong mid-month move boils squarely down to its third-quarter earnings results. So what: For the quarter, FedEx reported an adjusted profit of $2.51 per share, up 24% from Q3 2015, and revenue of $12.7 billion, or a nearly 9% increase from the prior-year period.

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