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FedEx Earnings Surge Amid Lower Fuel Costs, Mild Weather

2015-03-18 13:43:14| Air Courier - Topix.net

FedEx Corp. reported a 53% increase in earnings during the holiday quarter, boosted by lower fuel costs, milder weather and the shipping giant's recent restructuring moves. FedEx shares, up 27% over the past year, slid 1.3% in premarket trading as the company's February quarter revenue as well as its earnings outlook for the current fiscal year fell short of expectations.

Tags: lower costs weather fuel

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