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FedEx earnings tumble
FedEx Corp. yesterday announced steep reductions in third-quarter earnings, down to 31 cents per diluted share. That is less than a quarter of the results for the same period last year when the Memphis shipping giant's earnings per share hit $1.26.
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- News Source: Androscoggin News | 8 months agoFedEx Corp. announced it would cut an unspecified number of jobs nationwide as a result of cost-cutting measures to deal with the tough economy. FDX) said it would also reduce network capacity at both FedEx Express and FedEx Freight divisions and...
- News Source: Pittsburgh Post-Gazette | 8 months agoFedEx Corp. yesterday announced steep reductions in third-quarter earnings, down to 31 cents per diluted share. That is less than a quarter of the results for the same period last year when the Memphis shipping giant's earnings per share hit $1.26.
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