(AFX UK Focus) 2009-03-29 19:59 Low FedEx valuation is unreasonable – Barron’s (Interactive Investor)

NEW YORK, March 29 (Reuters) – FedEx Corp shares are being unreasonably spurned by investors, Barron’s reported on Sunday. The weekly financial newspaper said FedEx shares are now at an unusually wide valuation discount to its main rival, United Parcel Service Inc, even though the companies have been valued almost identically on average over the past six years. The paper cites investor concern …

More: continued here