FedEx sees $1.5 billion benefit from US tax reform

Credit: FedEx
FedEx Corp. posted an unadjusted $2.1 billion net profit for its fiscal 2018 third quarter, as the Memphis-based package delivery company saw a $1.53 billion benefit following US tax reforms enacted in late 2017. Excluding the tax benefit, FedEx’s third-quarter adjusted net income came to $1 billion...

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