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United Parcel Service Inc

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  • Obamacare is latest scapegoat for earnings misses Thursday, 8 May 2014 | 12:36 PM ET

    Many diverse companies are blaming Obamacare for disappointing earnings season. USA Today reports.

  • Oops! UPS delivers government drone to civilian Tuesday, 6 May 2014 | 6:45 PM ET

    Somehow, an unsuspecting civilian received parts of a NOAA drone delivered by UPS, NBC News reports.

  • A chip shot to grow jobs in upstate New York Friday, 2 May 2014 | 10:35 AM ET
    GlobalFoundries campus in Malta, N.Y.

    Taking advantage of tax incentives, chipmaker GlobalFoundries opened its first U.S. plant in New York and created 2,200 jobs.

  • UPS ratifies new five-year labor agreement Thursday, 24 Apr 2014 | 5:02 PM ET

    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.

  • Amazon's next target? Its own delivery network Thursday, 24 Apr 2014 | 3:13 PM ET
    Amazon Fresh trucks at a warehouse in Inglewood, Calif.

    The retailer is testing its own delivery network in San Francisco.

  • UPDATE 2-UPS profit falls as brutal winter raises costs Thursday, 24 Apr 2014 | 12:18 PM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to increased overtime and transport costs related to a colder-than-usual winter in the United States.

  • Early cheer goes up in smoke after earnings blitz Thursday, 24 Apr 2014 | 10:16 AM ET
    Traders work the floor of the New York Stock Exchange

    Investors liked what they saw in Facebook and Apple, but Wall Street fell after a slew of earnings and data couldn't sustain the bounce.

  • UPDATE 1-Severe winter dampens UPS's 1st-qtr profit Thursday, 24 Apr 2014 | 8:49 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 colder-than-usual winter the United States. Rival FedEx Corp also blamed the harsh weather for weak third-quarter results in March and cut its fiscal-year profit forecast.

  • Early movers: GM, CAT, AMZN, UPS & more Thursday, 24 Apr 2014 | 8:07 AM ET
    Traders work the floor of the New York Stock Exchange.

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

  • 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.

  • Here's what will drive stocks this week Sunday, 20 Apr 2014 | 4:46 PM ET

    About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.

  • 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.