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The stock market hit a new all-time high on Wednesday as President Joe Biden took the oath of office. The S&P 500 index is now up more than 42% since the start of 2018. The stock price for several big-name companies has more than doubled from March 2020 lows. Many others have posted...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Markets love resolution and COVID-19 vaccine successes en...
Andrew Peller has been quite a disappointment this year. The stock lagged the market (big time) and the company posted mediocre sales growth (2.1% for the first 6 months of their FY2020 vs. last year). Apple has surprised the market once again. Great Depression or not, AAPL found ways...
United Parcel Service Inc. (UPS) is approaching a key support level. If the stock breaks this level, a breakdown could occur. Read more to learn how to profit from this trade. While many stocks are trending higher in 2021, United Parcel Service Inc. ( UPS ) is trading lower and is approac...
"2021 will be a story of contending tailwinds and headwinds," U.S. Xpress ([[USX]] +3.6%) said as it released its 2021 economic forecast for the trucking industry. "Driver shortages, capacity crunches, and ample freight (driven by evolutions in buying habits) were the common themes of 2020 an...
In December, we received $4,699.20 in dividend income. That is a 23.4% increase compared to last year. We received $3,500 from our retirement accounts this month alone. In total, our dividend income increased nearly $10 from dividend increases. For further details see: D...
FedEx (NYSE: FDX) said on Monday that it will cut up to 6,300 jobs in Europe as the final step of integrating acquisition target TNT Express into the transport giant's global delivery network. The company bought TNT Express in 2016 for $4.4 billion, beating out rival United Pa...
Wells Fargo suggests investors move into cyclical sectors from defensives.It upgraded its view on Financials ([[XLF]], +0.7%) and Industrials ([[XLI]], +0.6%) to Favorable from Neutral and Energy ([[XLE]], +1.9%) to to Neutral from Most Unfavorable.Wells Fargo also cut Utilitie...
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning. on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks finished lower Friday, as optimism over President-elect Biden's proposed $1.9 trillion stimulus plan gave way to questions around bip...
The Cass Freight Index rose 6.7% Y/Y in December to accelerate from the 2.7% gain in November. "The acceleration was partially explained by an easier prior year comparison, as the Cass Shipments Index rose 1.1% m/m from November on a seasonally adjusted basis. After a small sequential pullbac...
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Corporate earnings came to the market’s rescue in the past week, helping to overcome rate fears. As we look ahead to the unfolding week, it r...
2024-04-27 16:20:00 ET It's fair to say Wall Street reacted lukewarmly to UPS ' (NYSE: UPS) first-quarter earnings report. On the positive side, five of them nudged their price targets higher (with BMO Capital taking it to $169). Still, only one has a positive rating on the stock (O...
The shift to electric delivery vehicles by United Parcel Service Inc (NYSE:UPS) and FedEx Corp (NYSE:FDX) reportedly&...