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FedEx

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FedEx (FDX): The delivery company announced cost-cutting measures and rate hikes after warning in preliminary fiscal first-quarter results of weakening demand. FedEx released its fiscal first-quarter results in an 8-K before the close of…

FedEx (FDX) reports Q1 earnings

A person walks by a FedEx van in New York City, May 9, 2022.Andrew Kelly | ReutersFedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter…

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