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FedEx Corp. Fiscal Third-Quarter Adjusted Earnings Rise 18%

2016-03-16 23:55:42| Air Courier - Topix.net

FedEx Corp. reported fiscal third-quarter net income rose 18% to $692 million, or $2.51 per share, excluding one- time costs, powered by higher profits at its Express unit. The company's profit before interest and taxes at the Express unit rose 51% to $595 million from $393 million, but results were less favorable at the Ground and Freight units.

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