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UPS warns e-commerce volume hard to forecast, to add surcharge
2015-02-04 13:34:07| Air Courier - Topix.net
United Parcel Service Inc on Tuesday reported a disappointing peak holiday season and warned that U.S. online shopping habits are hard to predict and getting it wrong will slice into profits. "It is both hard for our customers and for us," Chief Financial Officer Kurt Kuehn told Reuters on Tuesday after UPS reported that fourth-quarter profit fell but forecast earnings within the range of estimates.
UPS warns e-commerce volume hard to forecast, to add surcharge
2015-02-04 13:02:43| Trucking - Topix.net
United Parcel Service Inc on Tuesday reported a disappointing peak holiday season and warned that U.S. online shopping habits are hard to predict and getting it wrong will slice into profits. "It is both hard for our customers and for us," Chief Financial Officer Kurt Kuehn told Reuters on Tuesday after UPS reported that fourth-quarter profit fell but forecast earnings within the range of estimates.
UPS Is Still a Good Long-Term Bet Despite Holiday Blues
2015-02-04 09:02:58| Trucking - Topix.net
NEW YORK -- Investors who are looking for a beaten-down company with upside may want to consider United Parcel Service , the giant delivery company which earlier Tuesday reported a 61% drop in its fourth-quarter profit, largely on higher expenses. The stock -- which was recently trading at $99.68, down 45 cents -- is down 10% year to date, trailing the broader market.
UPS Is Still a Good Long-Term Bet Despite Holiday Blues
2015-02-04 05:19:42| Air Courier - Topix.net
NEW YORK -- Investors who are looking for a beaten-down company with upside may want to consider United Parcel Service , the giant delivery company which earlier Tuesday reported a 61% drop in its fourth-quarter profit, largely on higher expenses. The stock -- which was recently trading at $99.68, down 45 cents -- is down 10% year to date, trailing the broader market.
Shipper UPS says its 2015 is not looking so great
2015-02-04 04:53:22| Trucking - Topix.net
United Parcel Service Inc. provided a 2015 earnings outlook Tuesday at the low end of expectations after reporting an expected sharp decline in fourth-quarter earnings because of extra expenses during the holiday season. The company last month surprised investors by lowering its earnings forecast, saying preparations to handle the holiday rush cost it $200 million more than expected.
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