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FedEx Chief Fred Smith Sees Slow-Growth Economy, Not Another Recession

FedEx Corp. (FDX) doesn’t see a recession or contraction, rather a slow-growth economy, Chief Executive Officer Fred Smith said. Although holiday season shipments probably won’t increase as much as in 2010, they will still rise, Smith told an audience of chief executives at a General Electric Co (GE) .-Ohio State University event for middle-market companies in Columbus, Ohio.

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