UPDATE 3-FedEx posts higher-than expected profit, will cut more capacity
Reuters
Wed Jun 19, 2013 3:46pm EDT. By Nivedita Bhattacharjee. June 19 (Reuters) – FedEx Corp reported a higher-than-expected quarterly profit on Wednesday as it cut costs and its U.S. truck business continued to pick up steam. Shares were up 2.3 percent to …
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