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<blockquote data-quote="Fred&#039;s Myth" data-source="post: 1983811" data-attributes="member: 55587"><p>Not to defend Dano but:</p><p></p><p>"However, operating profits increased by 26% to $622 million as compared to $492 million in fiscal 2Q15. This was a result of increasing base rates and the profit improvement initiatives implemented by management. As a result, operating margins improved by 2.4% to 9.4% in fiscal 2Q16."</p><p></p><p>and for those who claim Dirt (I mean Ground) is carrying Express:</p><p></p><p>"FedEx Express forms 53% of the company’s revenue and accounts for 55% of its profits. FDX expects margins to improve further, adding to the company’s profitability."</p><p></p><p><a href="http://marketrealist.com/" target="_blank"><img src="http://l3.yimg.com/bt/api/res/1.2/xkePvBYb3V9bEbjIkxMAjQ--/YXBwaWQ9eW5ld3NfbGVnbztxPTg1/http://l.yimg.com/os/284/2013/07/08/MR-green-sml-png_192450.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a> </p><p>By Ally SchmidtDecember 24, 2015 12:05 AM</p></blockquote><p></p>
[QUOTE="Fred's Myth, post: 1983811, member: 55587"] Not to defend Dano but: "However, operating profits increased by 26% to $622 million as compared to $492 million in fiscal 2Q15. This was a result of increasing base rates and the profit improvement initiatives implemented by management. As a result, operating margins improved by 2.4% to 9.4% in fiscal 2Q16." and for those who claim Dirt (I mean Ground) is carrying Express: "FedEx Express forms 53% of the company’s revenue and accounts for 55% of its profits. FDX expects margins to improve further, adding to the company’s profitability." [URL='http://marketrealist.com/'][IMG]http://l3.yimg.com/bt/api/res/1.2/xkePvBYb3V9bEbjIkxMAjQ--/YXBwaWQ9eW5ld3NfbGVnbztxPTg1/http://l.yimg.com/os/284/2013/07/08/MR-green-sml-png_192450.png[/IMG][/URL] By Ally SchmidtDecember 24, 2015 12:05 AM [/QUOTE]
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