U.S. stock index futures indicated a flat open on Tuesday ahead of the two-day FOMC meeting, housing data and a busy day of earnings.» Read More
*Merck on track for its best day since January 2014. Apple hit a record high before falling as much as 1.7 percent to $130.33 despite beating Wall Street's revenue and profit forecasts. Merck rose 4.8 percent to $59.85, on track for its best day since January 2014, after its diabetes drug, Januvia, achieved the main goal in a safety study.
CHICAGO, April 28- United Parcel Service Inc on Tuesday reported higher first-quarter net profit due to price increases and productivity improvements, and reaffirmed its earnings outlook for 2015.. The world's largest package delivery company posted a first-quarter net profit of $1.03 billion, or $1.12 per share, up 10 percent from $911 million, or 98 cents...
CHICAGO, April 28- United Parcel Service Inc on Tuesday reported a higher quarterly net profit due to price increases and productivity improvements, and reaffirmed its earnings outlook for 2015.. Earlier this month, its main rival, FedEx Corp, announced it would buy Dutch package delivery firm TNT Express. If FedEx's acquisition of TNT is approved, it would...
CHICAGO, April 28- United Parcel Service Inc on Tuesday reported a higher quarterly net profit, which rose thanks to price increases and productivity improvements. The world's largest package delivery company posted a first-quarter net profit of $1.03 billion or $1.12 per share, up 10 percent from $911 million or 98 cents per share a year earlier.
United Parcel Service Inc. said Tuesday that its net income equaled $1.12 per share and compared with profit of $911 million, or 98 cents per share, a year earlier. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Overall, revenue rose 1 percent to $13.98 billion, which was below the $14.32 billion...
As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.
CNBC's Jim Cramer explains why Amazon's first-quarter earnings were great despite missing expectations.
Audi announced it's testing a service that would allow drivers to have Amazon packages delivered to their car trunks, reports NBC news.
Shyp is the latest start-up aiming to upend an existing, and hugely profitable, business, in this case the $300 billion shipping industry.
Released just days before the April 24 deadline for public comment on newly proposed FAA drone regulations, the report's sponsors include companies that are involved in drone technology or hope to use the devices to cope with hurricanes, earthquakes, wild fires and other disasters. The sponsors include Boeing Co, Lockheed Martin Corp, United Parcel Service...
If fuel prices have fallen so much, why are shippers like UPS still charging customers a fuel surcharge?
Murder suspect Robert Durst is demanding that authorities return $161,000 seized after his arrest, NBC News reports.
Some of the names on the move ahead of the open.
It's been a rocky road for transports. But for those willing to ride out the volatility, there are good buying opportunities.
Jim Cramer has always thought that transportation stocks can give a powerful read on the economy. Should investors be ready for a pullback?
Jim Cramer thinks the FedEx acquisition could signal a big opportunistic trend that could sweep the U.S.
*FedEx to buy Dutch peer TNT; Informatica to go private. *Canada to sell its GM stake to Goldman Sachs. "If the move is gradual it shouldn't impact stocks too much, as companies will have a chance to hedge against the impact, but a sharp rise will have an impact," said Tony Roth, chief investment officer at Wilmington Trust in Wilmington, Delaware.
U.S. stocks closed mildly lower as investors eyed continued gains in oil and the dollar ahead of the unofficial start of earnings season on Wednesday.
*FedEx to buy Dutch peer TNT; Informatica to go private. NEW YORK, April 7- U.S. stocks rose on Tuesday, adding to recent gains, after deal news including a bid from FedEx for a Dutch peer suggested companies still see value in the market. Shares of FedEx rose 2.7 percent to $171.17 as it seeks to buy Dutch package delivery company TNT Express for $4.8 billion.
A strong dollar, ongoing stimulus in Europe and low oil prices make a deal between FedEx and TNT Express possible, Fred Smith tells CNBC.