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FedEx 3rd-qtr profit jumps, but outlook lags market view

Package delivery company FedEx Corp reported a better-than-expected quarterly net profit on Wednesday but forecast full-year earnings below analysts' estimates as it looked for the global economy to grow at a lackluster rate. Memphis-based FedEx also said fuel expenses were reduced by 30 percent due to low oil prices but its international business was hurt by falling fuel surcharges and the …

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