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UPS shares surge; profit buoys full-year outlook
2015-07-28 22:12:49| Trucking - Topix.net
United Parcel Service Inc. jumped the most in almost four years after posting second-quarter earnings that beat analysts' estimates, buoyed by a new pricing system and operations outside the U.S. UPS also said it would reach the upper end of its profit forecast this year, helping send the shares to their biggest gain since August 2011. They were trading up 5.4 percent to $100.21 at 12:32 p.m. in New York.
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UPS shares surge; profit buoys full-year outlook
2015-07-28 20:57:13| Air Courier - Topix.net
United Parcel Service Inc. jumped the most in almost four years after posting second-quarter earnings that beat analysts' estimates, buoyed by a new pricing system and operations outside the U.S. UPS also said it would reach the upper end of its profit forecast this year, helping send the shares to their biggest gain since August 2011. They were trading up 5.4 percent to $100.21 at 12:32 p.m. in New York.
Tags: ups
profit
shares
outlook
AGCO Q2 profit cut by weakened demand
2015-07-28 17:03:18| Industrial Machines - Topix.net
AGCO Corp.'s second-quarter profit dropped following weakened demand for its products and $46.4 million in restructuring charges related to global job cuts. The Duluth, Ga.-based agricultural equipment maker reported sales in the period fell 24.8 percent to $2.1 billion, hurt in part by unfavorable currency translation.
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Ford Profit Beats Estimates as Buyers Pay Up for F-150 Truck
2015-07-28 17:03:16| Automakers - Topix.net
Ford Motor Co. posted a 44 percent surge in second-quarter profit, exceeding analysts' estimates thanks to consumers paying big money for fully loaded versions of the new aluminum-bodied F-150 pickup.
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estimates
Ingersoll-Rand profit falls on tax charge
2015-07-28 16:03:23| Industrial Machines - Topix.net
Ingersoll-Rand reported Tuesday that profit for its latest quarter tumbled 74% as the climate-control company booked a hefty charge to resolve a tax dispute. Ingersoll-Rand reported that during the quarter ended in June, U.S. sales were up 5% excluding acquisition expenses, while international sales slipped 9%, partly due to currency headwinds.
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