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FedEx cuts marketing spend by more than 25 percent (Reuters)

A Federal Express truck goes out on deliveries from a FEDEX station in Los Angeles, Calfiornia June 18, 2008. (Fred Prouser/Reuters)Reuters - FedEx Corp has cut its marketing budgets by more than 25 percent in 2009 as part of its response to the bleak U.S. economy, the package delivery giant said on Wednesday.


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