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Shares of Ryder System Inc. R, +2.09% rallied 5.2% in premarket trading Wednesday, after the truck rental company reported fourth-quarter earnings that rose above expectations, provided an upbeat full-year outlook and announced plans for a $300 million accelerated stock repurchase (ASR) program. Net income increased seven-fold to $181.1 million, or $3.36 a share, from $25.6 million, or 48 cents a share, in the year-ago period.
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