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flag FedEx reported strong earnings, outweighing investor sell-offs, and announced a quarterly dividend.

flag New York State Teachers Retirement System and other investors have reduced their holdings in FedEx, but the company reported strong earnings of $6.07 per share, surpassing analysts' expectations. flag FedEx's stock is valued at $54.47 billion, and the company has announced a quarterly dividend of $1.45. flag Despite the investor pullback, analysts predict FedEx will post earnings of $19.14 per share for the year.

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