Home / FedEx / FedEx expects to take $1.2B in fiscal 4Q charges (AP via Yahoo! News)

FedEx expects to take $1.2B in fiscal 4Q charges (AP via Yahoo! News)

FedEx says it will book a total of $1.2 billion in charges in its fiscal fourth quarter as writedowns on the value of two acquisitions ended up being bigger than originally anticipated.

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