FedEx may get $1.5 billion boost from tax cut

FedEx may get $1.5 billion boost from tax cut

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Source: Senate approves tax reform bill The tax bill passed by the House and Senate still hasn’t been signed by President Trump. But one b...

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Senate approves tax reform bill
The tax bill passed by the House and Senate still hasn’t been signed by President Trump. But one blue chip company, FedEx, is already touting the potential for a nearly $1.5 billion increase in annual profits due to lower corporate taxes. FedEx reported its latest quarterly results after the closing bell Tuesday, before the Senate voted to approve the bill.
Source: CNN Money News

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