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Recovered from Cyberattack, FedEx Express Takes Off

An impressive quarterly earnings report from FedEx for the period ending November 30. Cost cutting and disciplined rate management resulted in positive gains across the company’s major divisions. Overall, revenue (as reported) increased 9.4% to $16.3 billion, operating income climbed 7.7% to $1.26 billion and net income was up 10.7% to $775 million. Results from […]

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