FedEx Corp.'s (FDX) fiscal fourth-quarter earnings fell 45%, partly due to restructuring charges, as the shipping company continued to see lower international package volume.

(Reuters) - FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.

FedEx Corporation (NYSE:FDX) entered the earnings confessional this morning, and came away smelling like roses. Excluding items, the shipping name posted earnings of $679 million, or $2.13 per share, topping analyst estimates of $1.96 per share.

MEMPHIS, Tenn., June 18, 2013 - FedEx (NYSE: FDX) has once again been named to the IDG Computerworld list of Best Places to Work in IT, as one of 100 top organizations that challenge their IT staffs while providing great benefits and compensation.

... following NYSE STOCK MARKET WINNERS; China Cord Blood Corp (NYSE:CO) is trading at $3.0828 up 5.94%. FedEx Corporation (NYSE:FDX) is trading at $103.16 up 3.7%. Harvest Natural Resources, Inc. (NYSE:HNR) is trading at $3.2099 up 3.55%.

FedEx Trade Networks, the customs brokerage and freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), announced today the grand opening of its new Romulus, Mich.

Options traders are waxing optimistic ahead of earnings from FedEx Corporation (NYSE:FDX), as evidenced by the growing appetite for long calls.

Last quarter, the company's EPS of $1.23 was $0.15 below the street's expectations, the company's second earnings miss in a row.

FedEx Corporation ( FDX ) will begin trading ex-dividend on June 13, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on July 01, 2013.

FedEx Corporation (NYSE:FDX) shares fell 7% on the day the company issued its fiscal third-quarter results, which were as ugly as its stock price performance.