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I'm Tracy -- -- -- Fox Business briefed on the bearish tone on Wall Street continues as investors wait on the latest news from the Federal Reserve.
And US economy which is due out leader today.
Right now the Dow was down about 92 points.
-- upside FedEx shares -- flying higher after providing -- sales of its cost reduction and restructuring plan.
Package delivery companies planning some deep cost cuts at its underperforming express air freight and service divisions.
The package delivery company is also looking to improve profits at those units by one point seven billion dollars over the next four years.
The move comes after FedEx cut its 2013 profit forecast last month.
Investors are bullish for Children's Place the -- specialty retailer landed a deal with Wal-Mart to have some of its products sold in -- stores this holiday season.
That's the latest from Fox Business Network giving you the power --
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