Company
United Parcel Service Inc
NYSE:UPS
United Parcel Service Inc is a package delivery company and a provider of global supply chain management solutions. The company's segments include U.S. Domestic Package and International Package. Its U.S. Domestic Package and International Package are together referred to as its global small package operations.
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US stocks end higher after volatile day
At closing, the Dow Jones Industrial Average gained 0.7% at 35,404, while the Nasdaq Composite was up by 0.7% at 14,346 and the S&P by another 0.6% at 4,546
Royal Mail upgraded to ‘hold’ from ‘sell’ by Berenberg on valuation grounds
Berenberg's analysts noted that survey data indicates growth may slow somewhat in 2019 in the European parcel markets but respondents still are planning for around 6% volume growth this year
MIDDAY MOVERS: ServiceNow soars after 4Q profit surprises to the upside; DowDuPont weighs down the Dow industrials
Charter Communications, Visa and United Parcel Service are also seeing intraday action
Investments and investor services
EARLY MOVERS: General Electric shares light up as latest quarterly revenue cheers, but Visa flops
Also in the frame in New York pre-market is United Parcel Service Inc and United States Steel Corp
EARLY MOVERS: Boston Scientific Corp slides before the bell despite earnings beat, while someone in South Carolina is a lot wealthier
Also in focus before the bell was AT&T Inc and delivery giant UPS. Both posted quarterly results.
Hardware & electrical equipment
CryptoCann™ Report: UPS files a blockchain patent for package tracking; Liberty Leaf study shows effects of CBD oil on canine arthritis
UPS filed a patent for a blockchain-based system to keep track of its global shipments
United Parcel Service zips past Wall Street's 2Q estimates thanks to e-commerce surge
Domestic revenue jumped 6.3% to US$10.35bn thanks to rising e-commerce demand
Hardware & electrical equipment
Yojee and UPS extends blockchain collaboration to a broader technology partnership
To develop and improve services and products for the UPS operating environment.
FedEx orders 20 electric Semi trucks from Tesla
Shipping giant could see fuel savings of more than US$200,000 per vehicle
Yojee shares rise on signing blockchain technology deal with UPS Asia
Rising global interest in applying blockchain technologies to the freight and logistics industry.
UPS suing EU anti-trust watchdog for US$2.15bn over court-annulled decision to block TNT Express merger
The European Commission formally blocked the planned US$7bn UPS-TNT deal in January 2013 over competition concerns but the move was overturned by an EU court last year on the basis of procedural missteps by the regulator
US stocks close higher on a late rally after the Federal Reserve calms concerns over interest rate hikes
The Federal Reserve sees economic growth to remain steady with no serious risks of a pause to its planned pace of rate hikes
Investments and investor services
Volatile day ends with blue-chips on the up (but down on the week)
In the time it takes to read this report, the market will likely have changed direction again
Amazon to launch business delivery service to rival FedEx and UPS
FedEx and UPS shares fell sharply on news it faces a threat from Amazon
UPS shares tumble pre-market despite market-beating fourth quarter
Thanks to the tax-reform law, it benefited from an additional 30 US cents to its net EPS
UPS hit by surge in Cyber Monday orders
UPS expects to see a 5% rise in orders for the holiday season this year.
UPS sees natural disasters constrain domestic performance, although international business remains solid
The package delivery giant reported third-quarter net income of US$1.26bn, or US$1.45 a share, in line with the consensus forecast, fairly flat compared with the US$1.27bn, or US$1.44 a share posted a year earlier
United Parcel Service, FedEx shares weak on report Amazon.com is testing new delivery service
A Bloomberg report, which cited people familiar with the plan, said Amazon is looking to make more products available for free two-day delivery and to relieve overcrowding in its warehouses
US stocks gain, close near record highs mustered after Trump’s tax pledge
US stocks closed solidly higher on Thursday, and close to fresh record highs negotiated intraday after President Donald Trump vowed “phenomenal” corporate tax cuts within weeks
US shares to extend losses as Trump, Fed and earnings meet
US shares were set to extend losses on Tuesday as investors around the world turned lukewarm to equities after President Donald Trump sacked his freshly-appointed attorney-general for refusing to enforce a travel ban from seven Muslim-major
US stocks close lower as a bonds rout indicates Dec rate hike
US stocks ended lower, swinging from initial gains amid mixed earnings results, as a global bonds sell-off ensued on growing expectations for a Dec rate hike
PREVIEW: Royal Mail tipped to deliver the goods
Royal Mail expected to report revenues of £9.2bn and pre-tax profits of £410mln
U.S. Risers/Fallers: Pfizer, Alibaba, JetBlue, Coach, DuPont, Comcast, UPS, Marvell, Ford
Below are the main news driven share price changes at 12:03 p.m. in New York on Tuesday:
UPS reports unexpected revenue slump on lower fuel surcharge
The world’s largest package delivery company posts a 4% higher-than-expected Q3 profit.
Investors expected to lie low ahead of Fed meeting
Following the lead of European markets, US stocks are set to open slightly lower
Wall Street breaks 5-day losing run as investors look for tomorrow’s Fed statement
U.S. stocks halted the five-day losing streak today, as investors looked past softer economic reports and a continued rout in China’s stock market, and waited for the outcome of the two-day Federal Reserve. The S&P 500 (INDEXSP:.I
Wall Street on track to end 5-day rout as China selloff stalls
Wall Street is poised to end a five-session losing streak, amid better-than-forecast earnings, as Chinese equities pulled back from a selloff, and ahead of a highly anticipated Federal Reserve meeting. Futures for the Dow Jones Industrial A
U.S. stock futures rise after factory gauge, ahead of manufacturing, consumer sentiment data
U.S. stock index futures rose today after Empire State factory gauge moved back into positive territory in May and as investors awaited manufacturing and consumer sentiment data. S&P 500 futures added 0.2 percent to 2,121. E-mini Dow fu