Reuters: FedEx profit up, but to cut costs as '09 looks bad

[chris]

FedEx profit up, but to cut costs as '09 looks bad
      

DETROIT (Reuters) - Package delivery giant FedEx Corp reported a higher profit for its fiscal second quarter, meeting expectations, but offered a grim view of the economy in 2009 and said it is taking action to cut costs.<div class="feedflare">
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