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FedEx Q2 profit misses estimate; raises full-year outlook

FedEx Corp raised its full-year earnings forecast on Wednesday but its quarterly results missed Wall Street estimates as revenue declined at express delivery, its biggest unit, and volume growth softened for ground deliveries. It sees full-year earnings per share growth between 8 percent and 14 percent above last year. FedEx earned $500 million, or $1.57 a share, in the second quarter ended Nov …

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