Billions of dollars in cuts seemingly help FedEx get back on track
Memphis-based FedEx’s stock was up more than 10% on the morning of Friday, March 17. (Jose Luis Magana/AP Photo)
FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.
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FedEx Corp. Raj Subramaniam FedEx Ground FedEx Freight FedEx Express Subscriber OnlyThank you for supporting local journalism.
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Rob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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