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
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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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