MEMPHIS, Tennessee (TheStreet) — FedEx reported Wednesday that fiscal fourth-quarter earnings rose 33% and it expects strong earnings growth in fiscal 2012. FedEx earned $558 million, or $1.75 a share, in the fourth quarter, up from $419 million, or $1.33 a share, a year earlier. Revenue rose 12% to $10.55 billion. Analysts surveyed by Thomson Reuters expected FedEx to earn $1.72 in the fiscal …
More: continued here
