Stifel Nicolaus downgraded UPS in a research note on Tuesday, saying the company’s upside potential is limited in the near-term due to its impending merger with TNT Express.
Take a look at some of Tuesday morning’s early movers:
Stocks eased off their best levels in the final minutes of trading Monday but still managed to eke out a small gain, following a sharp rally from the previous week.
The Street is enamored with the old "sell in May and go away" philosophy; everyone seems poised for a sell-off, or at least a consolidation. Never mind that many of those spouting these clichés have lost a ton keeping their short positions on for the last couple months: The economy is just not improving the way everyone keeps saying, they insist, and dammit I am going to be right — at some point.
U.S. stock index futures pointed to a weaker open on Monday as investors took a breather after strong gains last week.
Take a look at some of Monday morning’s early movers:
Stocks finished flat in a lackluster session Friday, but the major averages posted impressive weekly gains, with the Dow and S&P logging their best gains for the week since last December.
Take a look at some of Friday morning's early movers:
Apple says it has “created or supported” 514,000 American jobs, including those of delivery drivers. The New York Times reports.
Remember that YouTube video by a guy who sang a song about United Airlines breaking his guitars? Well, now he’s turned his viral fame into a business — the business of helping other victimized customers get their complaints heard, too.
Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.
If your long-term plan is to keep working, investing and living where you are until the day you retire, and then change your lifestyle and financial life, you are practicing what I call “cliff living”—living one way until you abruptly leave the world of work, then leaping to a whole new level of life and finances.
Stocks came off their worst levels but still finished narrowly mixed Tuesday, after a handful of disappointing economic news weighed on the market. Despite the session's lackluster performance, the Dow and S&P are still posted their best January since 1997. In addition, all three major averages logged their best monthly gains since October.
United Parcel Service delivered strong fourth-quarter earnings and a sign the U.S. economy is improving, Morgan Keegan managing director Art Hatfield told CNBC Tuesday.
Bottom line about earnings Tuesday: not a disaster, but no big beats. And with the S&P rallying 4.1 percent this month, that is a problem.
A breakdown of UPS earnings, with Jeff Kauffman, Sterne, Agee & Leach analyst.
U.S. stock index futures held their early gains Tuesday as investors seemed unfazed following a report that showed home prices continued to decline. Futures were buoyed by renewed hopes for a deal between Greece and private sector creditors, and after the approval of a new euro zone budget discipline pact.
Take a look at some of Tuesday morning's early movers:
UPS Q4 earnings shows revenues came in slightly lower than expected but because volume is better than expected it shows the economy is improving slightly, says Arthur Hatfield, Morgan Keegan transportation analyst.
TheStreet.com details a few stocks that could "beat the postman" as parcel and message carriers replace the bag carrier, including UPS and FedEx.