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Aetna 4Q profit drops but meets forecasts, guidance climbs

2015-02-03 17:54:30| Biotech - Topix.net

Aetna closed 2014 by matching Wall Street earnings expectations, and the insurer raised its forecast for 2015 thanks in part to a price break it got on some expensive hepatitis C treatments. The nation's third-largest health insurer said Tuesday that it now expects full-year operating earnings of at least $7 per share, up a dime from its previous forecast.

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UPS hits lowered target for 4Q profit, 2015 forecast tepid

2015-02-03 15:40:59| Air Courier - Topix.net

The results were roughly in line with the lowered expectations that UPS set two weeks ago, when it warned that late-2014 profits would be disappointing. CEO David Abney said the company will control costs and raise prices this year.

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High Cost Holiday Season Dents UPS Profit

2015-02-03 15:40:57| Air Courier - Topix.net

United Parcel Service Inc on Tuesday reported a slightly lower quarterly profit after a disappointing peak holiday season during which its costs were higher than expected. The world's largest package delivery company reported a net profit for the fourth quarter of $1.15 billion, down nearly 2 percent from $1.17 billion the previous year.

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UPS meets 4Q profit forecasts

2015-02-03 15:29:45| Trucking - Topix.net

Higher spending to gear up for the crush of holiday-package deliveries pushed fourth-quarter profit down 61 percent at UPS, and the company gave a tepid outlook for 2015 earnings. The results were roughly in line with the lowered expectations that UPS set two weeks ago, when it warned that late-2014 profits would be disappointing.

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United Parcel Service matches 4Q profit expectations, tops revenue forecasts

2015-02-03 15:29:44| Trucking - Topix.net

The Atlanta-based company said it had net income of 49 cents per share. Earnings, adjusted for non-recurring costs, were $1.25 per share.

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