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FedEx Slashes Guidance; Dole Signs $1.7B Deal
(1:06)
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FedEx beat the street with its quarterly earnings, but investors are focusing on a slashed guidance. Dole Foods has signed a deal to sell its worldwide packaged foods and Asia fresh produce businesses. Microsoft will defer around $100 to $140 million in revenue related to an upgrade offer related to its Office product. And Chevron has been fined by the country of Brazil.
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