MEMPHIS (TheStreet) — FedEx said net income rose 14% as operating income at FedEx Express rose 42%, but the company nevertheless missed analysts' earnings estimates. The overnight package company said it earned $500 million, or $1.57 a share, in the fiscal second quarter. Analysts surveyed by Thomson Reuters had estimated $1.64. Revenue rose 3% to $11.4 billion, in line with estimates. During …
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