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Retirely in The things you own end up owning you,

FEDEX up over 4% breaking news!

Fred Smith, CEO of Fedex (NYSE: FDX) decided to purchase TNT for over $4Billion. The dollar exchange ratio was very favorable and according to him the economy is headed in a good direction. These factors contributed to Fedex making this move. "The world is a better place than it was 6 months ago."