FedEx 1Q Results

FedEx Corp. (NYSE: FDX) today reported earnings of $2.42 per diluted share for the first quarter ended August 31, compared to adjusted earnings of $2.12 per diluted share a year ago. Without adjustment, FedEx earned $2.26 per diluted share last year. FedEx Express Segment Revenue of $6.59 billion, down 4% from last year’s $6.86 billion…