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FedEx rallies after big cost cuts, but one analyst wonders if the easy reductions are in the past
News
FedEx rallies after big cost cuts, but one analyst wonders if the easy reductions are in the past
June 25, 2024
Arthur Bleemer
FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher in the after-hours session.
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