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FedEx (FDX) Drops, Bounces Following Failed UPS (UPS) Bid for TNT; UPS at Session Lows

February 17, 2012 12:02 PM EST
FedEx Corp. (NYSE: FDX) is rebounding off of session lows following United Parcel's (NYSE: UPS) failed bid for TNT. Shares are down 1.8 percent on Friday's session.

Meanwhile, UPS is down 1.4 percent, and continuing lower following the news.


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