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FedEx Uptick Could Signal Better Outlook

MEMPHIS (TheStreet) — FedEx shares were rising Tuesday in anticipation of strong guidance from the company, which reports fiscal fourth-quarter earnings Wednesday. Shortly after midday Tuesday, FedEx shares were trading up $1.43 to $88.93, with some analysts anticipating that the market will be pleased by the company’s fiscal 2012 guidance, which should reflect a stronger economy. Positive news …

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