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FedEx Focuses on Cost-Cutting Measures to Boost Profitability

Andrew Brunton
FedEx Focuses on Cost-Cutting Measures to Boost Profitability

Analysts Lower Target Price on FedEx after Its 2019 Outlook Cut(Continued from Prior Part)Falling profits FedEx’s (FDX) fiscal 2019 third-quarter adjusted EPS of $3.03 fell 18.5% from its EPS of $3.72 in the third quarter of fiscal 2018. Slowing