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FedEx posts strong earnings results in last quarter with freight business
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- Fed Ex on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.
- The earnings report marked the last quarter that includes the company's freight business, which spun off into a separate publicly traded company called Fed Ex Freight on June 1.
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Fed Ex on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.
The earnings report marked the last quarter that includes the company's freight business, which spun off into a separate publicly traded company called Fed Ex Freight on June 1. The company said Fed Ex Freight paid a cash dividend of roughly $4.1 billion to FedEx Corporation in connection with the spinoff.
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