Wednesday, 21 September 2016

Here Is Why FedEx (FDX) Stock Is Gaining Steam on Wednesday: TheStreet

Published on Sep 21, 2016
FedEx (FDX) shares are rising after reporting better-than-expected quarterly results. Earnings per share of $2.90 beat estimates of $2.81. Revenue of $14.66 billion topped estimates of $14.61 billion. FedEx reminded investors and customers alike that rates on FedEx Express, FedEx Ground, FedEx Freight and FedEx Home Delivery will rise next year. TheStreet's Scott Gamm reports from Wall Street.

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