FedEx Says Earnings Will Beat Forecast at $1.23/Share (Update3) (Bloomberg.com)

Sept. 9 (Bloomberg) — FedEx Corp. , the largest air-parcel shipper, said it will report a profit of $1.23 a share for the quarter ended Aug. 31, beating its forecast as fuel costs fell. The stock rose as much as 8.5 percent after regular trading.

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