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FDX's 3rd-quarter earnings top forecasts

Article Abstract:

FDX Corp. posted higher-than-expected profits for the third-quarter. The company posted a 52 cents per share profit. FDX was helped by its purchase of Caliber System Inc. Analysts predicted that the company would see profits of 41 cents per share. FDX's quarterly profits include contingency plan costs linked to talks with the FedEx Pilots Association. During the same period the year before, FDX posted earnings of 12 cents per share.

Comment:

Posts higher-than-expected profits for the third-quarter

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999

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FDX saw earnings rise by 29% in its 4th quarter

Article Abstract:

FDX Corp. posted an improvement in its earnings for the fourth-quarter of 1998. The company reported a 29% earnings increase for the period ending on May 31, 1999. The figures were higher than what many expected. FDX's earnings were helped by the 15% growth in Europe. For the period, the company reported $221 million (213.8 million euros) in net income. FDX posted $171 million in earnings during the same period in 1997.

Comment:

Posts 29% improvement in earnings for fourth-quarter of 1998

Author: Blackmon, Douglas A.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999

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FedEx records a 54% drop in profit as economy slows

Article Abstract:

FedEx Corp. posted a decline of 54% in its profits for the 2001 fourth-quarter ending May 31. The company posted $113 million (131.3 million euros) in net income for the period.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001

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Subjects list: United States, Finance, Delivery services, Abstract, Courier services, Express delivery services, FedEx Corp., FDX
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