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The Tell: UPS fires warning shot across the bow of the stock market and the Fed
2015-07-28 21:07:54| Trucking - Topix.net
United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying on Tuesday that U.S. economic growth appears to be slowing. The package-delivery giant's cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates " at some point this year ."
The Tell: UPS fires warning shot across the bow of the stock market and the Fed
2015-07-28 20:57:14| Air Courier - Topix.net
United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying on Tuesday that U.S. economic growth appears to be slowing. The package-delivery giant's cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates " at some point this year ."
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.
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After Bumper Q2, UPS Is Seeing 'Mixed Signals In The U.S. Economy'
2015-07-28 20:57:12| Air Courier - Topix.net
United Parcel Service, Inc. reported better than expected second-quarter numbers on Wednesday. EPS of $1.35 for the quarter was up 12 percent year-over-year and came in above analysts' consensus estimate of $1.26.
UPS Shares Gap Up On Delivery Of Q2 Earnings Beat
2015-07-28 19:52:23| Air Courier - Topix.net
Shares rose 3.8% to 98.73 in the stock market today . The stock gapped up past its 50-day line.
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