FedEx Corp. has posted a consolidated net profit of $700 million for its FY2017  second quarter ended Nov. 30, up 1.3% from $691 million net income in the company’s FY 2016 second quarter. Second-quarter revenue for the Memphis, Tennessee-based company was $14.9 billion, up 19.9% year-over-year (YOY) from $12.5 billion; consolidated operating expenses totaled $13.8 billion, up 21.6% YOY over $11.3 billion in the company’s fiscal 2Q 2016. The company’s consolidated ...

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