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FedEx Adjusted Net Income of $753 Million Reflects Improved Unit Results

2015-06-18 01:13:05| Air Courier - Topix.net

FedEx Corp. reported net income, excluding one-time costs, of $753 million, or $2.66 per share, for its fiscal fourth quarter ending May 31 that included improved results at the Express, Ground and Freight units. Profit excluding taxes and interest rose 12% at Express to $598 million, despite a 4% drop in revenue to $6.70 billion.

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