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FedEx Q1 Profit Slides 53% on Lower Shipping Volumes (FDX)

By Dividend.com Staff
September 17th, 2009

fedex-q1-profit-slides-53-on-lower-shipping-volumes-fdx

Package delivery giant FedEx Corporation (FDX) on Thursday said that its fiscal first quarter earnings plummeted 53% from last year, hurt by sharply lower shipping volumes amid the global economic recession.

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