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Winter storms hurt FedEx
Last Updated: 2014-03-20 00:13 | Global Times
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FedEx Corp, the world's No.2 package delivery company, posted lower-than-expected results on Wednesday and forecast a weaker full-year profit view, saying it was significantly hurt by winter storms.

FedEx said the unusual weather disrupted operations, decreased shipping volumes and increased costs, impacting year-over-year operating incomes by about $125 million.

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