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United Parcel Service Inc

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  • UPS's quarterly profit hurt by severe winter Thursday, 24 Apr 2014 | 8:00 AM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a severe winter in the United States. The company's net income fell to $911 million, or 98 cents per share, in the first quarter ended March 31, from $1.03 billion, or $1.08 per share, a year earlier.

  • This could be 'the next sector to drop’: Trader Monday, 14 Apr 2014 | 10:39 AM ET
    Trader on the floor of the New York Stock Exchange.

    Biotechs and certain new Internet stocks have gotten crushed lately. So who's next?

  • Why CEO 'supersalaries' may be out of control Monday, 14 Apr 2014 | 7:13 AM ET

    Corporate America’s well-oiled compensation machine is running like a dream.

  • Energy firms to Fed: Hands off banks' commodity trading Wednesday, 9 Apr 2014 | 3:27 PM ET

    NEW YORK, April 9- Energy companies are mounting a last-ditch effort to prevent the Federal Reserve from cracking down on physical commodity trading by major Wall Street banks, saying more restriction may further damage liquidity and raise hedging costs.

  • VANCOUVER, April 9- Just over a year ago, Canadian trucking firm Bison Transport took a bet on a potentially game changing technology, buying 15 big rigs powered by liquefied natural gas. After 14 months on the road, though, the Winnipeg- based company has found that the reality- at least initially- is less rosy.

  • Oil well firm starting 'colleges' for training Friday, 4 Apr 2014 | 9:28 AM ET
    Simulator oil derrick training at NOV's technical college in Houston

    Facing a constant shortage of workers, a Houston firm launched an internal training program costing $50 million a year with a big payoff.

  • FedEx CEO points a finger at retailers Thursday, 20 Mar 2014 | 10:33 AM ET

    FedEx CEO Fred Smith said retailers' shortcomings contributed to the mess it faced over the holidays, according to a media report.

  • March 19- FedEx Corp's on Wednesday said severe winter conditions had hurt quarterly earnings and revenue, prompting the world's No. 2 package delivery company to cut its fiscal-year profit forecast.

  • Winter storms hurt FedEx during holiday quarter Wednesday, 19 Mar 2014 | 1:00 PM ET

    FedEx reported lower-than-expected results for the holiday quarter and gave a fiscal-year profit forecast below Wall Street estimates.

  • UPDATE 2-Winter storms hurt FedEx during holiday quarter Wednesday, 19 Mar 2014 | 11:43 AM ET

    March 19- FedEx Corp on Wednesday reported lower-than-expected results for the holiday quarter and gave a fiscal-year profit forecast below Wall Street estimates, the latest in a line of companies saying they were hurt by winter storms. Shares of FedEx were down 0.2 percent at $138.29 in morning trading.

  • Workers servicing a plane at the TIMCO hangar in Greensboro, N.C.

    Growing global demand and an aging workforce mean jobs are opening up to service the world's fast growing fleet of aircraft.

  • 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.

  • UPS to buy 1,000 propane-fueled delivery trucks Wednesday, 5 Mar 2014 | 8:29 AM ET

    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.

  • How mean winter weather could hurt stocks Wednesday, 19 Feb 2014 | 7:00 AM ET
    An overturned tractor-trailer on the I-495 in Oxon Hill, Md., on Feb. 13.

    So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.

  • Early movers: JOSB, SJM, AIG, CPB, MSFT, PG & more Friday, 14 Feb 2014 | 7:52 AM ET

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

  • Love's labor's lost as snow buries Valentine's Day Thursday, 13 Feb 2014 | 7:36 AM ET

    Procrastinators may find that a snowy Valentine's will put their plans on ice—or at least, result in one heck of a no-gift excuse.

  • Obamacare stuck in government 'abyss': Health CEO Tuesday, 11 Feb 2014 | 8:13 AM ET
    A couple purchase health insurance under the Affordable Care Act on Jan. 15, 2014 in Miami.

    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.

  • A Chicago seat maker's quest for skilled workers Friday, 7 Feb 2014 | 11:20 AM ET
    Freedman Seating Company, Chicago.

    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.

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