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United Parcel Service Inc

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  • TOKYO, July 30- Asian shares were subdued while the dollar held steady near an eight-month high against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S. The Fed will not be updating its economic forecasts and Chair Janet Yellen will not hold a press conference, keeping investors' focus squarely on the statement.

  • NEW YORK, July 29- World equity markets fell on Tuesday while the dollar reached eight-month highs against the euro on expectations of positive U.S. economic data and a more hawkish tone from the Federal Reserve.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.7 percent to $98.86 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 1.6 percent at $147.14.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.1 percent to $99.47 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 0.8 percent at $148.36.

  • *2nd- qtr profit of $1.21/ share vs est $1.25/ share. July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the busy holiday shopping season.

  • UPS slashes forecast as it spends to boost capacity Tuesday, 29 Jul 2014 | 10:46 AM ET
    A UPS worker delivers packages in Chicago.

    UPS slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season.

  • Stock futures further their rise on home-price data Tuesday, 29 Jul 2014 | 9:05 AM ET

    U.S. stock-index futures rose Tuesday as investors looked to economic reports, earnings and the Fed's mid-week policy decision.

  • July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season. The Atlanta- based company said it expects full-year adjusted earnings of $4.90- $5.00 per share.

  • UPS profit hit by retirement liabilities Tuesday, 29 Jul 2014 | 7:56 AM ET

    July 29- United Parcel Service Inc's quarterly profit more than halved as the world's biggest courier company took a charge related to retirement liabilities of some union employees. The company's net income fell to $454 million, or 49 cents per share, from $1.07 billion, or $1.13 per share, a year earlier.

  • Early movers: UPS, MRK, PFE, MCD, DRI, HLF & more Tuesday, 29 Jul 2014 | 7:47 AM ET

    Some of the names on the move ahead of the open.

  • Stocks end lower ahead of economic data Tuesday, 29 Jul 2014 | 3:37 AM ET

    Major indexes in Europe and Asia closed with slight gains. On Friday, the Labor Department releases its monthly look at the job market. FROZEN: "The market today looks a little frozen, because it's going to face some really revealing stuff in the next 72 hours," said Jim Paulsen, chief investment strategist at Wells Capital Management.

  • Twitter & 11 other earnings Cramer wouldn’t miss Sunday, 27 Jul 2014 | 10:52 PM ET

    Jim Cramer sees plenty of money making opportunities scattered across almost every sector of the market. Here's what's on his calendar.

  • FedEx charges raise online pharmacy issues Saturday, 26 Jul 2014 | 10:42 AM ET

    SAN FRANCISCO— FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • FedEx indictment shouldn't hurt shares, pro says Friday, 18 Jul 2014 | 4:41 PM ET
    A FedEx logo on a delivery truck

    FedEx's indictment for shipping packages from illegal online pharmacies isn't hurting shares, which makes sense to one analyst.

  • FedEx charged with assisting illegal pharmacies Thursday, 17 Jul 2014 | 7:23 PM ET

    SAN FRANCISCO— Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions. The indictment filed in federal court in San Francisco alleges that FedEx Corp. conspired with two related online pharmacies for 10 years ending in 2010..

  • COLUMN-U.S. transportation stocks for the long haul Monday, 7 Jul 2014 | 1:42 PM ET

    CHICAGO, July 7- As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry- particularly in an improving economy.

  • Cutting the mustard: Ex-Heinz CEO off to PE shop Wednesday, 2 Jul 2014 | 3:37 PM ET
    William Johnson in February, 2013.

    William Johnson, the former chairman, CEO and president of Heinz, is joining buyout shop Advent as a consultant.

  • A trader works on the floor of the New York Mercantile Exchange.

    Stocks climbed on Wednesday after the Federal Reserve continued to taper, and said the economy is rebounding.

  • *Expects 2015 earnings $8.50- $9.00/ share vs est $8.75. June 18- FedEx Corp reported a better-than-expected quarterly profit as strong shipments of items ordered online boosted the ground business of world's No. 2 parcel delivery company.