Growing global demand and an aging workforce mean jobs are opening up to service the world's fast growing fleet of aircraft.» Read More
March 5- United Parcel Service Inc is spending $70 million to add 1,000 propane trucks to its delivery fleet, the biggest bulk purchase of propane-fired vehicles yet as output of the fuel in the United States hits record highs.
March 5- United Parcel Service Inc, the world's largest courier company, said it would buy 1,000 propane-fueled delivery trucks and install an initial 50 fueling stations in the United States at a total cost of about $70 million.
*Insurance stocks rise after Humana comments. Humana Inc and UnitedHealth Group ranked among the S&P 500' s biggest percentage gainers, with Humana's stock jumping 10.6 percent to $113.69 after it said the government's proposed cuts to the private Medicare program appeared to be less than it had forecast. UnitedHealth shares rose 3 percent to $76.01.
The White House needs to embrace a public-private sector partnership in order to keep Obamacare from unraveling, a former supporter of the health-care law told CNBC.
Freedman Seating is among the U.S. manufacturers that struggle to find skilled workers to meet demand.
LOS ANGELES, Jan 31- Blu LNG, one of the biggest names in the move to wean U.S. trucks off diesel onto natural gas, has laid off 20 percent of its staff, ousted several senior executives and slowed down development of fueling stations as it waits for more truckers to embrace the switch to the cheap and cleaner-burning fuel.
Treasurys held on to earlier losses after of the Treasury Dept's auction of five-year notes and seven-year debt and after the release of US GDP data.
*UPS prepared to have "great peak season" this year- CFO. Jan 30- United Parcel Service Inc has vowed to avoid a repeat of last year's Christmas holiday season when unexpectedly high volume and huge delays frustrated customers who wanted their packages delivered on time.
Some of Thursday's midday movers:
United Parcel Service is reporting Q4 EPS of $1.25 ex-items on revenue of $15 billion, reports CNBC's Morgan Brennan.
U.S. stock index futures traded higher on Thursday, on what will be the busiest day of fourth quarter earnings season.
Jan 30- United Parcel Service Inc on Thursday posted fourth-quarter profit that met expectations as a surge in online shopping just before Christmas led to late deliveries and higher costs, but it forecast a stronger year ahead.
UPS, the biggest U.S. courier company, said earlier in the month it expected diluted earnings of $1.25 per share, well short of the average analyst estimate of $1.43 per share, according to Thomson Reuters I/B/E/S. On Thursday, UPS posted net earnings of $1.2 billion, or $1.25 a share, compared with a net loss of $1.7 billion, or $1.83 a share, last year.
UPS posted quarterly profit that met expectations and said a surge in online shopping just before Christmas led to late deliveries and higher costs.
Some of the names on the move ahead of the open.
CNBC's Phil LeBeau reports FedEx and UPS are saying they are expecting some delays in certain areas of the Midwest and the South due to severe winter weather.
The sector was weighed down Friday by Kansas City Southern, down 15 percent after the railroad's quarterly earnings missed Wall Street expectations, but other components also slumped, making the move lower more convincing.
With 20 percent of the S&P 500 reporting so far, CNBC took a look at what words top executives are using (over and over) to talk about their numbers.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
Although its early in the earnings season, the pattern of missing on revenue and beating on earnings seems broken.