FedEx: Don’t Let Noise in Q4 Results Confuse You

by Amey Stone at BARRON'S

FedEx (FDX) stock is now about $10 lower than it was on June 12, the day after it announced it is increasing its dividend and reached a near-term high of $185. Nearly a week after that, it reported disappointing fourth quarter earnings, which added to the slide. On Tuesday it was down again, hitting $175, right near the range it’s been in all year.

But there is plenty of good going on at the company — especially for credit investors to consider.

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