Home / FedEx / FedEx says profit up 126%, but warns of weak economy

FedEx says profit up 126%, but warns of weak economy

FedEx more than doubled its profit in its third quarter, thanks to a record holiday season. But the cheery results were dampened by the delivery company's lukewarm outlook for the economy as well as a $3-million payout it will make to settle federal hiring-discrimination charges.

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