FedEx reports $562 million net profit for fiscal 3Q

Credit: Rob Finlayson
FedEx Corp. has posted a consolidated net profit of $562 million for its FY2017 third quarter covering the peak holiday period between December 2016 and February 2017, a 10.8% increase over $507 million net income in the year-ago quarter. Third-quarter revenue for the Memphis, Tennessee-based...

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