Posts Tagged ‘ UPS ’

White House Grateful To Blackstone, Wal-Mart For Hiring Veterans

May 1, 2013

The White House expressed gratitude to the American companies that hired or trained veterans and military spouses including The Blackstone Group L.P. (NYSE:BX), Wal-Mart Stores, Inc. (NYSE:WMT), United Parcel Service, Inc. (NYSE:UPS), Deloitte LLP, and The International Franchise Association (IFA). Since President Barack Obama’s challenge in 2011, American companies hired or trained 290,000 veterans, nearly three times the 100,000 target by 2013. In August last year, First Lady Michelle Obama said that companies committed...
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Post Market News: Dow Chemical, Verizon, UPS, Zynga, Intuit Inc.

By Vikas Shukla

April 25, 2013

Post Market News Stocks that were active in U.S. trading on Thursday were The Dow Chemical Company (NYSE:DOW), Verizon Communications Inc. (NYSE:VZ), United Parcel Service, Inc. (NYSE:UPS), Zynga Inc (NASDAQ:ZNGA) and Intuit Inc. (NASDAQ:INTU). Market Levels U.S.: Dow Jones: 14,692.92 (+0.11%), S&P 500: 1,585.17 (+0.40%), Nasdaq: 3,289.99 (+0.62%) World Markets: Shanghai: 2,199.31 (-0.86%), Nikkei 225: 13,926.08 (+0.60%), Hang Seng Index: 22,401.24 (+0.98%), TSEC: 8,021.75 (-0.02%), FTSE 100: 6,442.59 (+0.17%), EURO STOXX 50: 2,704.41 (+0.09%), BSE Sensex: 19,406.85 (+1.19%) Metals: Gold: $1462 (+2.69%), Silver: $24.14 (+5.72%), Platinum: $1464.10 (+2.33%) Currency: EUR/USD: 1.3016...
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United Parcel Service, Inc. (UPS) Q1 Earnings Beat Estimates

By Vikas Shukla

April 25, 2013

United Parcel Service, Inc. (NYSE:UPS) reported first quarter earnings that topped Wall Street expectations, helped by e-commerce and export shipments. Excluding one time items, the first quarter earnings rose 4 percent to $1.04, while net income surged 7 percent to $1.04 billion. Revenues increased 2.3 percent from $13.14 billion in the first quarter of the previous year to $13.43 billion. Analysts were expecting $1.01 per share excluding one time items on revenues of $13.46 billion. Operating...
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Earnings Preview: Potash Corp., PulteGroup, Yandex, UPS, OXY

By Michelle Jones

April 24, 2013

More major earnings reports are due out before opening bell on Thursday: Occidental Petroleum Corporation (NYSE:OXY), Potash Corp./Saskatchewan (NYSE:POT) (TSE:POT), PulteGroup, Inc. (NYSE:PHM), Yandex NV (NASDAQ:YNDX) and United Parcel Service, Inc. (NYSE:UPS). A consensus of analysts polled by Bloomberg indicates expectations of $1.57 in earnings per share on revenue of $5.6 billion for Occidental Petroleum Corporation (NYSE:OXY)’s first quarter. The company reported earnings of $1.92 per share on $6.3 billion in revenue during the...
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TNT To Trim Work Force By 4,000 Jobs After Failed Bid From UPS

By Aman Jain

March 25, 2013

TNT (AMS:TNTE) today announced plans to slash about 4,000 jobs and increase its focus on Europe. The company’s decision follows the failed $7 billion takeover by United Parcel Service, Inc. (NYSE:UPS). The Dutch package delivery firm will trim around two-thirds of the jobs in Europe as the continent is facing tough economic challenges. TNT express generates the bulk of its sales from the region. About 4.6 billion, or 63 percent, of 7.3 billion euros in...
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USPS Saturday Decision to Have Minimal Impact on Fedex or UPS

By Jacob Wolinsky

February 6, 2013

The USPS Postmaster General and various press reports have indicated that Saturday mail deliveries may be eliminated in order to help USPS reduce costs. However, many investors do not believe the elimination of Saturday mail deliveries would have a meaningful impact on FDX or UPS. This is reflected in the performance of UPS and FDX share prices today. United Parcel Service, Inc.(NYSE:UPS) was up a meagre 0.14% today, while FedEx Corporation (NYSE:FDX) was up...
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Earnings Preview: UPS, Time Warner, Viacom, Sky, Colgate

By Paul Shea

January 30, 2013

Thursday’s earnings report will include many companies that provide good indicators of the performance of the consumer sector. Among the companies reporting are United Parcel Service Inc. (NYSE:UPS), Time Warner Cable Inc (NYSE:TWC), Viacom, Inc. (NASDAQ:VIA), British Sky Broadcasting Group plc (ADR) (PINK:BSYBY), and Colgate-Palmolive Company (NYSE:CL). United Parcel Service, Inc. (NYSE:UPS): Before U.S. markets open on Thursday, UPS will report its earnings for the last three months of 2012. Analysts are looking for...
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European Commission Officially Blocks UPS-TNT Express Merger

By Marie Cabural

January 30, 2013

The European Commission (EC) officially denied the proposal of United Parcel Service, Inc. (NYSE:UPS) to acquire TNT Express NV (AMS:TNTE) for approximately €5.2 billion ($6.9 billion) on Wednesday. On January 14th last year, the EC indicated that it will not approve the deal because of antitrust issues, which prompted United Parcel Service Inc (NYSE:UPS) to abandon its bid to buy out the Dutch shipping company. The EC explained that the merger of the United Parcel Service,...
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TNT And UPS No Deal: Mixed Reactions To The News

By Michelle Jones

January 14, 2013

Today United Parcel Service, Inc. (NYSE:UPS) announced that it would not buy TNT Express NV (AMS:TNTE) for $6.9 billion after all, and analysts from several investment firms are weighing in on that decision. Credit Suisse, Citi and Bank of America Merrill Lynch have all issued investor notes on the topic today. Officials at UPS said they walked away from their bid for TNT Express because the European Commission had said it wouldn’t approve the merger,...
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TNT Express Shares Plummet After UPS Decides Not To Buy It

By Michelle Jones

January 14, 2013

United Parcel Service, Inc. (NYSE:UPS) has walked away from its $6.9 billion buyout bid for TNT Express NV (AMS:TNTE). Shares of TNT Express NV plummeted 50 percent in Amsterdam as a result before recovering and trading 42 percent lower than the stock’s opening price. Officials with the European Commission told the two companies late last week that they would block the acquisition because they did not adequately address the commission’s concerns about competition. United...
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UPS Officially Supports Fix The Debt, Founded By Bowles & Simpson

By Jacob Wolinsky

October 23, 2012

United Parcel Service, Inc. (NYSE:UPS) reported Q3 earnings before the opening bell. Third quarter earnings for the large transportation company reported EPS of a $1.03 and was in line with consensus. Solid volume gains were achieved in the Domestic package network, but improved international profitability explained the vast majority of the upside to forecasts. United Parcel Service, Inc. (NYSE:UPS) largely maintained its outlook for the fourth quarter, tightening up the 2012 guidance range to $4.55...
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