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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
June 19, 2008
NEW YORK — FedEx Corp. said Wednesday that it swung to a fourth-fiscal-quarter loss from a year-earlier profit, reflecting a $696 million after-tax asset-impairment charge tied to the acquisition of Kinko’s, as well as a surge in fuel prices and a weak U.S. economy.
For the....