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

Package delivery company FedEx Corp reported a better-than-expected quarterly net profit on Wednesday but forecast full-year earnings would be below analysts' estimates due to lackluster global economic growth. Memphis-based FedEx also said fuel expenses fell 30 percent due to low oil prices but its international business was hurt by declining fuel surcharges and the strong dollar. The quarter …

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