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FedEx Quarterly Profit Rises, Falls Short Of Analyst Expectations

2014-12-17 15:39:30| Air Courier - Topix.net

Package delivery company FedEx Corp reported a 23 percent jump in quarterly profits on Wednesday driven by higher U.S. domestic package and international export volumes, but fell short of analyst expectations. The Memphis-based company reported net income of $616 million for the quarter ending Nov. 30, compared with $500 million a year earlier.

Tags: short falls profit expectations

 

Brighter outlook for CSDs but diet versions continue to lose fizz, says analyst

2014-12-17 13:14:09| Beverages - Topix.net

Executives at the top carbonated soft drink firms are more positive on the future of the category in the US, but the decline of diet drinks shows no sign of abating, according to an analyst from Cowen and Company. In an analyst's note, Vivien Azer of equity research firm Cowen and Company said executives at Pepsico, Dr Pepper and Coke were becoming more confident of prospects in CSDs at Beverage Digest's recent conference.

Tags: continue says versions lose

 
 

United Parcel Service (UPS) Stock Lower Today on Analyst Downgrade

2014-12-16 10:49:35| Trucking - Topix.net

Deutsche Bank analysts cited a more balanced risk/reward profile following the recent rally in shares, driven by dim pricing changes, strong ecommerce growth, and declining fuel prices. The firm also noted that "weather remains a question mark that could serve to either bolster or depress earnings if mother nature proves to be particularly challenging around peak volumes."

Tags: service today united stock

 

United Parcel Service (UPS) Stock Lower Today on Analyst Downgrade

2014-12-15 15:59:28| Air Courier - Topix.net

Deutsche Bank analysts cited a more balanced risk/reward profile following the recent rally in shares, driven by dim pricing changes, strong ecommerce growth, and declining fuel prices. The firm also noted that "weather remains a question mark that could serve to either bolster or depress earnings if mother nature proves to be particularly challenging around peak volumes."

Tags: service today united stock

 

Analyst says GlobalFoundries, Apple deal likely

2014-12-13 08:31:52| Semiconductors - Topix.net

Apple may be looking to GlobalFoundries in Malta, New York to make chips for the next generation of Apple products. According to a report by DigiTimes , GlobalFoundries is pushing to become the mobile chip manufacturer for Apple's faster, smaller chip known as the 14-nanometer.

Tags: deal apple analyst globalfoundries

 

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