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FedEx Chairman Contradicts Fed Chief, Sparking Downgrades

2013-06-20 22:51:11| Air Courier - Topix.net

The downgrades come after FedEx reported strong fourth-quarter earnings on Wednesday but issued cautious guidance for 2014 that flies in the face of decidedly more upbeat remarks from Fed Chairman Ben Bernanke following the latest meeting of the Federal Open Market Committee.

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