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FedEx Recommits to 2015 Forecast as UPS Lowers Earnings Outlook

2015-01-24 00:10:50| Trucking - Topix.net

Minutes after UPS sent its stock tumbling with a surprise warning that fourth-quarter profit was cut by surging costs, FedEx took an unusual step. The competing package-delivery company issued a succinct statement meant to reassure investors: We're sticking with our forecast for 2015 profit.

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