“There are some questions about Amazon. I think I answered that in my rather long-winded thing (previously). Amazon is a fantastic company and it delivers things to all of us… We move things for Amazon and so forth, but there is far too much focus on that as opposed to the larger part of FedEx’s business.” So said FedEx chief executive Fred Smith in a conference call post-results, 20 June.

(The latest 8-K filing, released on 20 June, containing fourth-quarter and annual results can be ...

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