FedEx Corp. rose to the highest since May 2008 as investors focused on strength in demand for its services, rather than its reduced forecast. Adjusted quarterly profit will slide to 70 to 90 cents a share; FedEx previously projected 95 cents to $1.15. Investors shouldn’t be alarmed as it’s “a one-time weather thing,’’ said Art Hatfield, a Morgan Keegan, and …
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