FedEx Reports Increases In Quarterly, Yearend Net Income
FedEx said yesterday net income for the quarter ended May 31 increased 8% to $87.2 million from $80.7 million, while net income for its fiscal year was up to $297.6 million from $204.4 million. Revenues for the quarter rose 9% to $2.5 billion, and revenues for the year increased 11% to $9.4 billion...
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