FedEx Corp. said its fiscal third-quarter profit more than doubled. FedEx trades on the “New York Stock Exchange” under the stock symbol “FDX”. For the Latest information regarding “FDX”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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FedEx Corp. (NYSE:FDX) said its fiscal third-quarter profit more than doubled, as rising global trade volume offset a loss at the company's domestic trucking unit.
The package shipper also raised its 2010 earnings guidance alongside higher capital expenditure for the airline freight unit, whose performance drove the improvement in the latest quarter.
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