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MEMPHIS, Tenn. (AP) - Shipping company FedEx Corp. on Wednesday said its profit rose 35 percent in the third quarter, lifted by continued growth of business abroad and holding down costs.
For the quarter ended Feb. 28, FedEx earned $428 million, or $1.38 per share, up from $317 million, or $1.03 per share, a year earlier.
Overall revenue for the quarter totaled $8 billion, a 9 percent growth from $7.34 billion a year earlier.
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