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<blockquote data-quote="MAKAVELI" data-source="post: 1722931" data-attributes="member: 43825"><p>You really are too easy genius.<img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p><p>This is straight from the FedEx investors paige.</p><p><a href="http://investors.fedex.com/news-and-events/investor-news/news-release-details/2015/FedEx-Corp-Reports-Fourth-Quarter-Earnings-2015/default.aspx" target="_blank">http://investors.fedex.com/news-and-events/investor-news/news-release-details/2015/FedEx-Corp-Reports-Fourth-Quarter-Earnings-2015/default.aspx</a></p><p>Capital spending for fiscal 2015 was $4.3 billion.</p><p></p><p>Outlook</p><p></p><p>For fiscal 2016, FedEx projects adjusted earnings to be $10.60 to $11.10 per diluted share before year-end mark-to-market pension accounting adjustments, driven by continued improvement in base pricing and benefits from our profit improvement program. The outlook assumes continued moderate economic growth and does not include any operating results or costs related to TNT Express.</p><p></p><p>Capital spending for fiscal 2016 is expected to be approximately $4.6 billion, which INCLUDES expansion of the FedEx Ground network and planned aircraft deliveries to support the FedEx Express fleet modernization program.</p><p></p><p>And your reading comprehension really sucks.</p><p>This is from your link.</p><p>FedEx Corp. said it is BOOSTING capital spending 7% to $4.6 billion, with the entire INCREASE going toward its ground segment as it tries to keep up with the boom in online shopping.</p></blockquote><p></p>
[QUOTE="MAKAVELI, post: 1722931, member: 43825"] You really are too easy genius.;) This is straight from the FedEx investors paige. [URL]http://investors.fedex.com/news-and-events/investor-news/news-release-details/2015/FedEx-Corp-Reports-Fourth-Quarter-Earnings-2015/default.aspx[/URL] Capital spending for fiscal 2015 was $4.3 billion. Outlook For fiscal 2016, FedEx projects adjusted earnings to be $10.60 to $11.10 per diluted share before year-end mark-to-market pension accounting adjustments, driven by continued improvement in base pricing and benefits from our profit improvement program. The outlook assumes continued moderate economic growth and does not include any operating results or costs related to TNT Express. Capital spending for fiscal 2016 is expected to be approximately $4.6 billion, which INCLUDES expansion of the FedEx Ground network and planned aircraft deliveries to support the FedEx Express fleet modernization program. And your reading comprehension really sucks. This is from your link. FedEx Corp. said it is BOOSTING capital spending 7% to $4.6 billion, with the entire INCREASE going toward its ground segment as it tries to keep up with the boom in online shopping. [/QUOTE]
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