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FedEx Continues Rampage Against UPS In E-Commerce Parcel Space

2015-02-03 20:39:11| Trucking - Topix.net

United Parcel Service, Inc. declared its fourth-quarter earnings Tuesday, which were in-line with analysts' expectations. Donald Broughton from Avondale Partners was on CNBC recently to break down the numbers from UPS and opine on the competition it's facing from FedEx Corporation for e-commerce market share.

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Wall St slips as oil rebound continues

2015-02-02 23:02:42| Telecom - Topix.net

Disappointing US manufacturing and consumer spending data weighed on equities, offsetting a rebound in energy stocks along with oil prices. The Institute for Supply Management's index fell more than expected to 53.5 last month, from 55.1 in December, while Commerce Department report showed consumer spending dropped 0.3 per cent in December, following a 0.5 per cent increase in November.

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Wall St slips as oil rebound continues

2015-02-02 22:56:33| IT Services - Topix.net

Disappointing US manufacturing and consumer spending data weighed on equities, offsetting a rebound in energy stocks along with oil prices. The Institute for Supply Management's index fell more than expected to 53.5 last month, from 55.1 in December, while Commerce Department report showed consumer spending dropped 0.3 per cent in December, following a 0.5 per cent increase in November.

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Southwest Airlines Co.: Expansion in Dallas Continues

2015-02-02 17:51:59| Airlines - Topix.net

These restrictions -- designed to steer traffic to the larger Dallas-Fort Worth International Airport -- had prevented Southwest from operating long-haul flights in Dallas. The Wright Amendment finally expired in October.

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Portugal property continues to lure foreigners

2015-02-02 13:27:23| Real Estate - Topix.net

Portugal's property market continues to expand at double digit rates thanks to foreign buyers, including China's new wealthy, despite a corruption scandal over visas used to lure in rich non-Europeans. More than one in five residences sold in Portugal last year was bought by a foreigner, according to provisional data by the Portugese Real Estate Agents Association.

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