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E-commerce growth boosts FedEx profit

2015-12-17 02:40:21| Air Courier - Topix.net

FedEx Corp. said profit rose 4.2% in its latest quarter, with adjusted profit topping Wall Street's expectations, and the company reaffirmed its full-year earnings guidance. The delivery company said its results were driven by "better revenue quality, e-commerce growth and the successful ongoing execution of our profit-improvement initiatives."

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