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FedEx Quarterly Profit Rises, Falls Short Of Analyst Expectations

2014-12-17 15:39:30| Air Courier - Topix.net

Package delivery company FedEx Corp reported a 23 percent jump in quarterly profits on Wednesday driven by higher U.S. domestic package and international export volumes, but fell short of analyst expectations. The Memphis-based company reported net income of $616 million for the quarter ending Nov. 30, compared with $500 million a year earlier.

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