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Showing posts with label U.S. gross domestic product growth. Show all posts
Showing posts with label U.S. gross domestic product growth. Show all posts

June 20, 2013

FedEx posts higher-than expected profit, will cut more capacity

(Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia.