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Memphis, Tennessee-based $FDX said that 2015 peak season was driven by the continued growth of e-commerce. Demand for residential deliveries across the industry surpassed expectations, as consumers increased online shopping. $FDX experienced record demand, including multiple days of greater than 25MM packages delivered, said the company.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.