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FedEx to Issue $2 Billion of Bonds to Speed Stock Buybacks

2014-01-06 18:46:38| Air Courier - Topix.net

Memphis, Tennessee-based FedEx Corp. soared 57 percent in 2013 as the company worked through a plan to cut operating costs by $1.7 billion over three years, chiefly at the FedEx Express unit, as shippers seek cheaper services.

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