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Stock Market & Financial Investment News

News Breaks
January 30, 2013
12:39 EDTUPSEarnings Preview: United Parcel Service sees Q4 domestic volume up 3%
United Parcel Service (UPS) is expected to report Q4 earnings on Thursday, January 31 before the market open with a conference call scheduled for 8:30 am ET. UPS is a package delivery company and provider of global supply chain management solutions... EXPECTATIONS: Analysts are looking for EPS of $1.38 on revenue of $14.43B, according to First Call. The consensus range for EPS is $1.30-$1.41 on revenue of $14.12B-$15.43B... LAST QUARTER: UPS reported Q3 adjusted EPS of $1.06 against estimates for $1.06 on revenue of $13.07B against estimates for $13.3B. On its Q3 earnings report, the company guided FY12 EPS to $4.55-$4.65, consensus $4.56. Management forecast a 3% rise in domestic volume in Q4 with a "slight improvement" in international volume. Holiday shipping was seen rising 10% over last year’s level, with 527M packages delivered between Thanksgiving and Christmas. On January 14, UPS abandoned its bid for Dutch delivery company TNT Express because the E.U. decided to block the deal over competition fears... STREET RESEARCH: Street research has been overwhelmingly positive in the weeks leading up to UPS’s Q4 earnings report. The stock was upgraded on January 14 and 24 by Avondale and BofA/Merrill, respectively. J.P. Morgan, Sterne Agee, and Atlantic Equities all had positive comments on UPS during the recent quarter... PRICE ACTION: UPS shares have rallied approximately 13% since Q3 results were released in late October, making a fresh 52-week high of $82.76 earlier this month. Since making a 52-week low of $69.56 in mid-November, the stock is up about 17%. In early afternoon trading ahead of Thursday's Q4 report, UPS shares are down almost 1%.
News For UPS From The Last 14 Days
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May 19, 2015
10:44 EDTUPSUPS to settle alleged civil false claims act violations for $25M
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07:22 EDTUPSUPS having success with pickup points, WSJ says
Driven by the increase in e-commerce deliveries, UPS (UPS) has been combatting failed deliveries by using package pickup points, called UPS Access Points, like local drug stores, reports the Wall Street Journal. As a result UPS, FedEx (FDX), and DHL are investing in new systems aimed at having e-commerce customers collect orders from these pickup points, the Journal adds. Reference Link
May 15, 2015
10:01 EDTUPSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aspen Technology (AZPN) upgraded to Overweight from Sector Weight at Pacific Crest... Canadian National (CNI) upgraded to Outperform from Sector Perform at Scotia Capital... Connecticut Water (CTWS) upgraded to Outperform from Market Perform at Wells Fargo... Hanesbrands (HBI) upgraded to Buy from Neutral at DA Davidson... Impala Platinum (IMPUY) upgraded to Buy from Neutral at Goldman... Inovalon (INOV) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Market Perform at BMO Capital... Sovran Self Storage (SSS) upgraded to Buy from Neutral at UBS... Syngenta (SYT) upgraded to Neutral from Underperform at Exane BNP Paribas... UPS (UPS) upgraded to Buy from Neutral at Goldman... Union Pacific (UNP) upgraded to Buy from Hold at TD Securities... Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan.
05:46 EDTUPSUPS upgraded to Buy from Neutral at Goldman
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May 14, 2015
13:28 EDTUPSIncreasing equity options volume
Increasing equity options volume: FCX UPS KSS CHK CSCO AVP YOKU CALM KORS
10:23 EDTUPSUPS May calls active
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May 12, 2015
08:27 EDTUPSU.S. Chamber of Commerce to hold a summit
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06:56 EDTUPSUPS management to meet with William Blair
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