William Johnson, the former chairman, CEO and president of Heinz, is joining buyout shop Advent as a consultant.» Read More
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.
*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.
June 17- United Parcel Service Inc, the world's biggest package delivery company, said it would start charging by size of packages for all ground services in the United States as it looks to offset rising fuel costs. Rival FedEx Corp made a similar move in May, which had analysts speculating if UPS would follow suit and start charging by size, instead of weight alone.
United Parcel Service said it will start charging by size of packages for all ground services in the U.S., as it looks to offset rising fuel costs.
June 17- United Parcel Service Inc, the world's biggest package delivery company, said it will start charging by size of packages for all ground services in the United States, as it looks to offset rising fuel costs. Rival FedEx Corp announced a similar pricing plan along with an increase in fuel surcharge in May.
While many scoff at Uber's $18 billion valuation, the revenues of the taxi business and high profit margins suggest it may be worth more.
The $17 billion valuation of taxi service Uber was eye-popping, but here's why it's justified, says Michael Yoshikami.
UPS said its board of directors named David Abney, the company's current chief operating officer, as its new CEO. He was appointed to the board.
June 6- The incoming head of United Parcel Service Inc said on Friday the world's largest parcel delivery company will continue investing to build capacity in emerging markets and to expand its services, especially in healthcare, its fastest-growing segment after e-commerce.
Hiring for two new SCE&G reactors underscores the need for replacing retiring nuclear workers in next several years.
June 6- United Parcel Service Inc, the world's largest parcel delivery company, named David Abney chief executive to replace Scott Davis who will retire to become non-executive chairman. Both moves are effective Sept. 1. UPS shares closed at $103.62 on the New York Stock Exchange on Thursday.
June 6- United Parcel Service Inc, the world's largest parcel delivery company, said it had named David Abney chief executive. Scott Davis, who has been CEO and chairman since 2008, will retire and be the company's non-executive chairman. Both moves are effective Sept. 1, UPS said.
Some of the names on the move ahead of the open.
Although stocks climbed modestly on Tuesday, dig down into the market and Cramer says you’ll find fundamentally bullish developments.
*Deutsche Post aims to help European clients expand in e-commerce. BERLIN, May 23- Deutsche Post is aiming to tap an expected surge in online shopping in developing countries by offering clients in its main European markets a service that can deal with shipping and red tape, as well as delivering to a customer's door.
Even after the Heartbleed bug, some of the most popular websites aren't taking password security seriously, according to a study.
Many diverse companies are blaming Obamacare for disappointing earnings season. USA Today reports.
Somehow, an unsuspecting civilian received parts of a NOAA drone delivered by UPS, NBC News reports.
Taking advantage of tax incentives, chipmaker GlobalFoundries opened its first U.S. plant in New York and created 2,200 jobs.
April 24- United Parcel Service Inc, the world's biggest courier company, said on Thursday it ratified a five-year contract with higher wages and benefits for 125,000 unionized employees represented by the International Brotherhood of Teamsters.