FedEx full-year profit up 12% despite 'softening' economy

FedEx Corp. concluded its fiscal year ended May 31 with a net profit of $2.02 billion, up 12% from the $1.81 billion earned in the prior 12 months, a result it credited to "strong" volume growth at its FedEx Ground segment and "continued" revenue growth for FedEx Express International Priority...

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