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Stocks United Parcel Service Inc

  • BRUSSELS, Oct 12- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --U.S. technology distributor Ingram Micro Inc to acquire rival BrightPoint Inc. OCT 22-- OAO VTB Bank and Corporate Commercial Bank.

  • WASHINGTON, Oct 11- The cost of sending a letter in the United States will go up by a penny next year, the cash-strapped U.S. Postal Service said on Thursday. The Postal Service will also offer a new, global Forever stamp starting next year, which customers can use to send letters anywhere in the world for a set price of $1.10.

  • The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1- cent increase in the cost of first-class mail to 46 cents. Currently, the prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.

  • BRUSSELS, Oct 11- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --U.S. machinery maker Terex and Russian auto maker GAZ, which is controlled by Russian business conglomerate Basic Element Group, to set up a joint venture. OCT 22-- OAO VTB Bank and Corporate Commercial Bank.

  • NEW YORK-- FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets. FedEx aims to reach that goal within three years through cost cuts and efficiency improvements.

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  • AMSTERDAM/ BRUSSELS, Oct 10- EU antitrust regulators will next week tell United Parcel Service Inc that its bid for TNT Express will hurt competition, two sources close to the matter said, forcing the U.S. company to offer concessions or risk a veto. Shares in Dutch delivery group TNT Express ended unchanged at 8.15 euros on Wednesday.

  • BRUSSELS, Oct 10- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp. OCT 22-- OAO VTB Bank and Corporate Commercial Bank.

  • NEW YORK-- Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets. FedEx plans to boost profit by $1.7 billion within three years. Express is where FedEx got its start in 1971, and is still the company's biggest segment by far.

  • AMSTERDAM/ BRUSSELS, Oct 10- EU antitrust regulators will next week tell United Parcel Service Inc that its bid for TNT Express is anti-competitive, a person close to the matter said on Wednesday, ratcheting up pressure on the U.S. company to offer concessions.

  • AMSTERDAM, Oct 10- Shares in Dutch delivery group TNT Express fell as much as 2.5 percent on Wednesday after the Financial Times reported the European Union would object to American rival UPS's 5.2 billion euro bid for TNT. TNT Express shares were down 0.8 percent at 8.09 euros by 0711 GMT, compared with UPS's bid of 9.50 euros per share.

  • LONDON, Oct 10- UPS will be served with a formal European Union complaint as early as next week, outlining serious doubts about its proposed 5.2 billion euros takeover of Dutch rival TNT Express, the Financial Times reported.

  • Oct 9- Wal-Mart Stores Inc is testing same-day delivery of televisions, toys and other general merchandise bought online in a few U.S. markets as it tries to find new ways to keep up with competitors and to attract busy shoppers this holiday season.

  • BRUSSELS, Oct 9- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms First Reserve Management and SK Capital Partners to acquire indirect joint control of petrochemical product maker TPC.

  • NEW YORK-- Citi cut its earnings forecast for UPS, citing weakening speedy package volumes and rising fuel costs.

  • BRUSSELS, Oct 8- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firm Carlyle Group LP to buy photo agency Getty Images Inc from private equity firm Hellman& Friedman LLC.

  • AMSTERDAM, Oct 8- Dutch delivery group TNT Express said on Monday it has appointed a new interim chief financial officer after the company, which U.S. rival UPS wants to buy, saw its chief executive leave last month.

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    The slowdown in the global economy and anaemic US recovery is expected to result in one of the worst US quarterly earnings seasons since late 2009. The FT reports.

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