FedEx posts $700 million net profit in fiscal 2Q results

Credit: Rob Finlayson
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)...

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