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FedEx target TNT Express posts fourth consecutive quarterly loss

2015-04-29 04:14:08| Air Courier - Topix.net

A couple of weeks after its acquisition by Memphis-based FedEx Corp. was announced , TNT Express NV reported its fourth consecutive quarterly loss. According to Bloomberg , the company, which reported its first quarter 2015 earnings this week, had a loss of $21 million for the first quarter, compared to net income of more than $2 million in the first quarter of 2014.

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