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U.S. Stocks Fluctuate as UPS Results Offset ECB Stimulus Plan
2015-01-24 15:00:53| Paper - Topix.net
U.S. stocks fluctuated, after a four-day rally, as weaker-than-forecast results at companies from United Parcel Service Inc. to Kimberly-Clark Corp. offset confidence that central banks will support global growth. UPS slumped 9.6 percent as it said preliminary 2014 earnings were lower than previously forecast, after an over- expanded program to handle a deluge of holiday shipments left its network underutilized on some other days.
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Category:Materials