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FedEx shares rally after better-than-expected profit, sales

NEW YORK (MarketWatch) — Shares of FedEx Corp. rallied 2.1% in premarket trade Wednesday, after the package-delivery giant reported better-than-expected fiscal first-quarter profit and sales, boosted by strength in its FedEx Ground and FedEx Freight businesses. Earnings for the quarter ended Aug. 31 came in at $606 million, or $2.10 …

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FedEx posts earnings of $2.10 a share vs. $1.96 estimate

What's FedEx stock doing now? Read More FedEx to deliver rate hikes starting in January. The courier service is also battling a recent criminal indictment claiming FedEx knowingly did business with online pharmacies fulfilling invalid prescriptions, according to Reuters. More: continued here

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Postman stole meerkat toys to sell on eBay – Telegraph.co.uk

Telegraph.co.uk Postman stole meerkat toys to sell on eBayTelegraph.co.ukLivesey, who also took several DVDs dispatched by Amazon, sent out the meerkats to his eBay buyers with used postage stamps. Burnley Crown Court heard how Livesey, who sorted mail as well as delivering it, was stealing for two years. He owned …

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FedEx to raise rates

MEMPHIS, Tenn. (AP) – FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January. More: continued here

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FedEx to hike ground, express delivery rates

FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January. The company said Tuesday that rates also will change for FedEx SmartPost, which … More: continued here

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