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Stocks moved higher as a fallback in oil prices and a recovery in financial shares helped reverse an earlier decline.
1) Reliance Steel just jumped 5 percent as they updated guidance, raising it 30 percent from previous guidance, due to much higher increases in carbon steel prices.
U.S. stock index futures pointed to a lower open for Wall Street Tuesday -- the first day of the two-day Federal Reserve interest-rate meeting -- after package-delivery company UPS said after the bell Monday its profit would miss market expectations.
United Parcel Services' after the bell earnings warning and the continued meltdown in financial stocks are casting a negative tone on the market ahead of Tuesday's open.
United Parcel Service on Monday warned that its second-quarter earnings would be below expectations due to a sluggish U.S. economy and soaring fuel costs.
The Dow ended little changed on Monday as renewed concerns about the outlook for financial shares offset gains in energy stocks. What's the "Word on the Street?"
Package delivery company FedEx Wednesday forecast a weak fiscal 2009 after posting a quarterly loss it blamed on rising fuel prices, an ailing U.S. economy and a previously announced write-down.
High fuel prices and a lackluster economy aren't making life easy for FedEx, but that doesn't mean the shipping giant can't make money.
UPS is getting a nasty taste of what happens when horse racing gets ugly. Big Brown's trainer, Rick Dutrow, has been very public in pinning the horse's last place finish at the Belmont Stakes on jockey Kent Desormeaux.
if I'm controlling sports marketing at Federal Express, their chief rival, I would have been more than giddy on Saturday. I would have had an ad ready for today's USA Today marking the end of the run.
Cramer enlisted marketing guru Donnie Deutsch to rebrand his favorite stodgy old industrials.
On Wednesday a sharp gain in U.S. business investment offset renewed credit market jitters and oil rebounded to over $131 a barrel. What's the "Word on the Street?"
Stocks closed at their highs for the day after bouncing up and down throughout the session.
Suddenly, investors are waking up to the reality that high-priced oil is here to stay.
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FedEx's reduction of its profit outlook because of high fuel costs and weak demand is a bad omen for small US trucking companies.
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The Dow faded under the weight of crude oil which surged past $125 per barrel Friday. What's the "Word on the Street?"
Might American stocks go from laggards to leaders as the dollar mounts a comeback?
Sponsoring Kentucky Derby winner Big Brown paid dividends for UPS. The package delivery company garnered $1.4 million worth of exposure from partnering up with the horse that was named after it, according to Joyce Julius & Associates, a sponsorship evaluation firm.