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UPS Warns of Sluggish US Economy as Profit Tops Estimates

2015-07-29 07:31:57| Air Courier - Topix.net

Package delivery company UPS on Tuesday reported a better-than-expected second-quarter profit on improved margins, and said U.S. economic growth was being hampered by a strong dollar and an expected interest rate hike. "The continued strength of the U.S. dollar and I think this impending rate hike by the Fed appears to be holding back some U.S. growth," Chief Executive Officer David Abney said on a conference call.

Tags: ups profit economy estimates

 

Wall St up on UPS, Pfizer results

2015-07-28 23:18:20| Trucking - Topix.net

Wall Street was up overnight on better-than-expected corporate earnings including from United Parcel Service and Pfizer, while the latest economic reports suggested the US Federal Reserve might hold off an interest rate hike longer than expected. In late afternoon trading in New York, the Dow Jones Industrial Average gained 1.1 percent, the Standard & Poor's 500 Index climbed 1.2 percent, while the Nasdaq Composite Index rose 0.9 percent.

Tags: results wall ups pfizer

 
 

Wall St up on UPS, Pfizer results

2015-07-28 23:07:32| Air Courier - Topix.net

Wall Street was up overnight on better-than-expected corporate earnings including from United Parcel Service and Pfizer, while the latest economic reports suggested the US Federal Reserve might hold off an interest rate hike longer than expected. In late afternoon trading in New York, the Dow Jones Industrial Average gained 1.1 percent, the Standard & Poor's 500 Index climbed 1.2 percent, while the Nasdaq Composite Index rose 0.9 percent.

Tags: results wall ups pfizer

 

UPS shares surge; profit buoys full-year outlook

2015-07-28 22:12:49| Trucking - Topix.net

United Parcel Service Inc. jumped the most in almost four years after posting second-quarter earnings that beat analysts' estimates, buoyed by a new pricing system and operations outside the U.S. UPS also said it would reach the upper end of its profit forecast this year, helping send the shares to their biggest gain since August 2011. They were trading up 5.4 percent to $100.21 at 12:32 p.m. in New York.

Tags: ups profit shares outlook

 

UPS and Chick-fil-A make Customer Service Hall of Fame 2015

2015-07-28 21:07:55| Trucking - Topix.net

The results are in for 24/7 Wall St.'s Customer Service Hall of Fame 2015 and two Atlanta-based companies made the cut. Chick-fil-A Inc. and United Parcel Service Inc. came in at No.2 and No.10 respectively on the annual list.

Tags: service make customer customer service

 

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