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MasterCard and VISA credit cards are seen in this illustrative file photograph taken in Hong Kong in December 8, 2010.
MasterCard and VISA credit cards are seen in this illustrative file photograph taken in Hong Kong in December 8, 2010.
(© Bobby Yip / Reuters/REUTERS)

Business Trends

Stocks that capitalize on themes: expensive and worth it

After FedEx Corp. reported upbeat financial results this week, it became clear that the global shipper is making great strides in cutting costs and riding improvements in the global economy.

Quarterly earnings rose more than 7 per cent over last year, and the shares popped 6.2 per cent on a relatively sunny outlook for the rest of the year.