United Parcel Service said it would buy Coyote Logistics for $1.8 billion, and hope to add to earnings next year.» Read More
The "Fast Money" traders give their final trades of the day.
Cowen and Company analyst Oliver Chen calculated how significantly reported shipping increases would hurt retailers' gross margins.
CHICAGO, June 17- Package delivery company FedEx Corp on Wednesday posted a fiscal fourth-quarter net loss of $895 million, weighed by pension costs and a stronger dollar. In pre-market trading FedEx shares were down 1.5 percent at $178.36. FedEx also gave a profit range for the current year that broadly met analyst expectations but said that outlook does not...
Amazon is looking to build a crowdsourced network of drivers as it looks to speed up its drop-off service, Dow Jones reported.
Some of the names on the move ahead of the open.
NEW YORK, June 11- When Kevin Pereira needed a loan last year for his shaving gear business, his bank, Wells Fargo, considered his application and turned him down. Kabbage, Lending Club and On Deck are among the lenders making small business and consumer loans that more established banks are less eager to approve. Non-traditional lenders could siphon away as much as...
From Caterpillar to tech leader Andreessen Horowitz, a look inside the construction rental start-up that's attracting millions in investment. Bulldozer, anyone?
CHICAGO, May 20- Nearly three quarters of high-tech executives polled in a new survey released on Wednesday expect their exports to grow over the next two years and many are eyeing expansion into Brazil, Russia and India over the next year. IDC polled 516 high-tech executives in North America, Europe, Asia and Latin America for the survey, including...
WASHINGTON, May 19- UPS has agreed to pay $25 million to settle some allegations that it submitted false claims to the U.S. government in an attempt to hide late deliveries, according court documents unsealed on Tuesday and released by the U.S. Department of Justice. The federal government as well as nineteen states, the District of Columbia and the cities of...
ASingPost is redefining the role of the letter carrier, by creating a one-stop shop for retailers' e-commerce needs in Asia. The New York Times reports.
U.S. stocks closed narrowly mixed in choppy trade on Friday, as disappointing data weighed on investor sentiment amid dollar declines and lower bond yields
Hundreds of noteworthy new businesses had to be turned away from the 2015 CNBC Disruptor 50 list. Here's a look at the honorable mentions.
U.S. stock index futures indicated a flat to slightly higher open on Friday, amid data releases and following a record market close on Thursday.
Take a look at some of Friday's early movers: NFLX, GMCR, SIX, DE, YUM & more
The "Halftime Report" traders give their trades for the second half.
Jim Cramer spoke to legendary oil tycoon T. Boone Pickens. With crude on a crazy ride lately, could the oil rally be losing steam?
*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...
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.
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...