United Parcel Service said the European Commission has informed the company that it is working on a decision to prohibit UPS's proposed acquisition of TNT Express NV.
The race is on for consumers to get packages shipped in time for Christmas, reports NBC's Janet Shamlian, as the shipping giant is set to deliver 300 packages per second today.
"Fast Money" pros Jon Najarian of OptionMonster and Enis Taner of RiskReversal.com face off on the shipping giant's stock.
Some of the names on the move ahead of the open.
"The office holiday party is a great place to meet everyone you've been emailing from 10 feet away."
Keep higher inflation in mind as you make your long-term investment decisions. Recognize that adjustments are necessary as conditions change.
Stocks struggled to hold their gains Monday, as investors remained reluctant to jump in amid ongoing "fiscal cliff" negotiations.
Dec. 10 marks the busiest shipping day of the year for FedEx. The couriers and drivers will deliver 19 million packages on Monday — a nearly 11% increase from 2011.
To spur growth and bring down unemployment, corporate tax rates need to be slashed, FedEx's CEO told CNBC's "Closing Bell" on Thursday.
Shares of Altanta's biggest public companies posted an average return of 22 percent in the 52 weeks ended Oct. 31.
At Lands' End, the fleece-focused retailer is ready for the day that's been dubbed "Cyber Monday." But the company's online strategy is more than a one-day focus.
Myron Gray, President of U.S. Operations at UPS, says the shipping company anticipates it will deliver an estimated 527 million packages between Thanksgiving and Christmas, surpassing last year's total of 480 million.
Warren Buffett's Berkshire Hathaway has eliminated almost all of its stakes in Johnson & Johnson and General Electric.
Power has been restored to nearly 80 percent of utility customers in the New York City area who were blacked out by Super Storm Sandy, but a nor’easter loomed and that could set back efforts to return to normal.
New Yorkers felt the rumble of subway trains for the first time in four days on Thursday but gasoline shortages persisted in the Northeast and emergency crews struggled to reach the worst-hit areas and restore power to millions of people.
Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.
Wall Street and two major airports reopened, and National Guardsmen rushed to rescue flood victims as the Northeast limped into recovery mode Wednesday, two days after being pummeled by epic Hurricane Sandy.
*Three major New York area airports still closed. *JFK, Newark to resume limited services Wednesday.
Late Tuesday, Port Authority of New York and New Jersey said it was possible that there would be limited service on Wednesday at John F. Kennedy International Airport. Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.