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Why FedEx (FDX) Stock Is Lower In Pre-Market Trading

NEW YORK (TheStreet) — Shares of FedEx Corp.  are down -0.19% to $140. in pre-market trading on Monday after Credit Suisse  lowered its 2015 fiscal year earnings earnings per share forecast to $8.55 from $8.85 citing pressure on margins.Credit Suisse also lowered its 2016 fiscal year estimate to $10.50 from $10.70 to reflect weakness in international package yields. Must Read: Warren Buffett's …

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