Fedex delivers a smaller package

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FedEx has cut its earnings forecast for the quarter ending November 30. The company says that an 8% rise in fuel costs and weak less-than-truckload freight trends precipitated the move. Earnings are now expected to be in the range of $1.45-$1.55 per diluted share, compared to the previous forecast of $1.60-$1.75. For the full fiscal year, the company now expects earnings of $6.40-$6.70 per diluted share, compared to the previous forecast of $6.70-$7.10.

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Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

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