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United Parcel Service (UPS) Beats Estimates, Stock Falls 3%
Tuesday, April 27, 2010 - 3:50pm | 115United Parcel Service, Inc. (NYSE: UPS) on Tuesday released financial results that beat Wall Street earnings estimates but the positive results didn't keep the share price from falling. United Parcel Service reported 1st quarter earnings climbed to $533 million, or 53 cents per share, up from $401...
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UPS (UPS) Posts Profit Growth Of 33%
Tuesday, April 27, 2010 - 2:30pm | 117United Parcel Service (NYSE: UPS) reported a growth of 33% in its first quarter profits as demand picked up during the quarter. On per share basis, the profit increased from 40 cents a share last year to 53 cents a share, $533 million in total. UPS is positive about the growth in second quarter as...
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Stock Market News for April 27, 2010 - Market News
Tuesday, April 27, 2010 - 9:30am | 471U.S. stocks started a busy earnings week on a dull note as worries about financial reform and Greece’s lingering debt concerns hit the broader market. Caterpillar’s (NYSE:CAT) strong earnings report and a flurry of corporate deals gave an initial lift to stocks but financial concerns sent the...
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Stocks To Watch On April 27, 2010 (UPS, DD, F, DWA, MMM)
Tuesday, April 27, 2010 - 7:21am | 168Stocks that may be in focus today are: Wall Street expects United Parcel Service Inc (NYSE: UPS) to have earned $0.74 a share in Q1. UPS gained 0.31% in the after hours session. DuPont (NYSE: DD) is expected to report earnings of $1.06 a share for Q1. Shares of DD gained 0.95% in after hours. Ford...
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Stifel Nicolaus Downgrades Forward Air Corporation (FWRD) To Sell Rating
Wednesday, April 21, 2010 - 1:24pm | 97Analyst David G. Ross at Stifel Nicolaus has downgraded Forward Air Corporation (NASDAQ: FWRD) from Hold to Sell rating. The rating has been downgraded mainly on the basis of valuation. Stifel Nicolaus says that the company remains a high-quality and high-service company with a solid management...
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Benzinga’s Top Downgrades (VITC, UHT, CHP, SAIA, FWRD)
Wednesday, April 21, 2010 - 10:46am | 190Roth Capital downgraded Vitacost.com, Inc (NASDAQ: VITC) from “buy” to “hold.” VITC’s shares lost 30.34% to $8.75 by 9:55 am. The PEG ratio of VITC is 2.04. Universal Health Realty Income Trust (NYSE: UHT) was downgraded by Jefferies from “buy” to “hold.” UHT’s shares lost 3.80% to $34.41 by 10:05...
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Benzinga’s Top Downgrades (VITC, UHT, CHP, SAIA, FWRD)
Wednesday, April 21, 2010 - 10:44am | 190Roth Capital downgraded Vitacost.com, Inc (NASDAQ: VITC) from “buy” to “hold.” VITC’s shares lost 30.34% to $8.75 by 9:55 am. The PEG ratio of VITC is 2.04. Universal Health Realty Income Trust (NYSE: UHT) was downgraded by Jefferies from “buy” to “hold.” UHT’s shares lost 3.80% to $34.41 by 10:05...
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Fed’s Yellen Feels Certain That The Economy Is “On The Right Track” (INTC, UPS)
Friday, April 16, 2010 - 9:11pm | 422According to a report by Bloomberg, the President of the Federal Reserve Bank of San Francisco, Janet Yellen, said she’s increasingly certain the U.S. economy is “on the right track.” In a speech in San Francisco on Thursday, Yellen said, “We’ve been getting some pretty encouraging news. It’s been...
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US Markets Closed To A Fresh 2010 High Yesterday
Friday, April 16, 2010 - 7:03am | 264After a shaky start, the US stock market ended the day yesterday with gains that set a new high in 2010. Several upbeat economic reports and impressive forecasts from United Parcel Service Inc (NYSE: UPS), a global shipping firm, drove up the market. All the major indices seesawed from the...
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Top Performing Industries For April 15 (UPS, CMLS, LSTR, ACAT)
Thursday, April 15, 2010 - 4:07pm | 236At 2:31 p.m., Dow gained 23.96, or 0.22%, to 11,147.07, while the broader Standard & Poor's 500 index rose 2.58, or 0.21%. The Nasdaq composite index added 11.68, or 0.47%. The industries that are driving the market today are: Air Delivery & Freight Services: The top gainer of the day, this...
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UPS Poised For Margin Expansion
Thursday, April 15, 2010 - 3:23pm | 134Analysts at Raymond James upgrade UPS (NYSE: UPS) from “market perform” to “outperform,” while raising their estimates for the company. The price target for UPS is set to $74. UPS has announced its quarterly EPS from operations at $0.71, significantly ahead of the consensus expectations of $0.57....
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United Parcel Service (UPS) Shares Up 6% Following Better-Than-Expected First-Quarter Results
Thursday, April 15, 2010 - 12:00pm | 80United Parcel Services (NYSE: UPS) shares are up by 6% in trading today following the better-than-expected first-quarter results announced by the company on Wednesday after market close. The company reported a 37% increase in its earnings and also raised its forecast for the full year. As a result...
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FedEx And UPS Upgraded At William Blair (FDX, UPS)
Thursday, April 15, 2010 - 10:48am | 145William Blair upgraded both FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) from Market Perform to Outperform today after strong earnings from UPS last night. The Atlanta based transportation company reported adjusted first quarter earnings of $0.71, which exceeded analyst expectations. The...
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Benzinga’s Top Upgrades (AAP, PGR, UPS, BGFV, AMSC)
Thursday, April 15, 2010 - 9:47am | 173Advance Auto Parts Inc (NYSE: AAP) was upgraded by Wedbush from “neutral” to “outperform.” AAP’s shares gained 7.15% to $45.28. AAP’s shares have gained just 12.11% over the past year. Credit Suisse upgraded Progressive Corp (NYSE: PGR) from “underperform” to “neutral.” PGR’s stock has risen by 15...
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Company News for April 15, 2010 - Corporate Summary
Thursday, April 15, 2010 - 9:30am | 172• Fairchild Semiconductor International (NYSE:FCS) posted first quarter results one cent higher than Zacks estimates at 25 cents on revenues of $378 million, which beat projections of $372 million • Several analysts sent price targets for UPS (NYSE:UPS) higher, as the firm provided upside guidance...