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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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