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U.S. stocks fell Tuesday after Walmart cut its earnings forecast, sending other retail shares lower and adding to concern that consumer spending might not be strong enough to keep the U.S. out of a recession. The Dow Jones Industrials scaled back 77.35 points to kick off Tuesday at 31,9...
United Parcel Service ( NYSE: UPS ) shares dipped on Tuesday despite beating on top and bottom lines for the second quarter and reaffirming full-year guidance. The Atlanta- based company posted non-GAAP EPS of $3.29 for the second quarter, beating estimates b...
Reports claims that 100 of the largest businesses in Shenzhen are being told by local authorities to restrict operations to employees living in a closed loop, with little contact with people beyond their plant or offices. The Australian dollar is threatening the downtrend drawn off th...
UPS press release ( NYSE: UPS ): Q2 Non-GAAP EPS of $3.29 beats by $0.13 . Revenue of $24.8B (+6.0% Y/Y) beats by $210M . For 2022, UPS reaffirms its full-year financial targets: Consolidated revenue of about $102 billion vs. $101.96B consensus. Con...
Consolidated Revenues of $24.8B, Up 5.7% from Last Year Consolidated Operating Profit of $3.5B, Up 8.5% from Last Year; Up 9.3% on an Adjusted* Basis Diluted EPS of $3.25; Adjusted Diluted EPS Up 7.5% Over Last Year to $3.29 Reaffirms Full-Year 2022...
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UPS ( NYSE: UPS ) is scheduled to announce Q2 earnings results on Tuesday, July 26th, before market open. Quick look at how the stock has performed against the consensus over the past few quarters : Last quarter the stock had surged on beating both top ...
Stock-market volatility is back as investors try to make sense of another earnings season amid the ongoing Nasdaq Composite bear market. Investing during a bear market can be nerve-racking and stressful. But long-term investors know that putting even just a few hundred dollars of ha...
Europe took centre stage last week as leaders waited nervously to see if gas would start flowing through Nord Stream 1 again following scheduled maintenance. Next week the focus switches back to the US which has a big interest rate decision of its own and a number of major earnings re...
E-commerce is one of the most compelling stories underlying Amazon. However, with its size, scale, and cultural influence, the company has been driving shifts even beyond retail - prompting some investors to look for other ways to participate in some of the long-term trends that suppo...
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2024-07-30 09:02:08 ET The recent second-quarter earnings results from UPS (NYSE: UPS) weren't good and definitely set the cat among the pigeons in the Wall Street analyst community. No fewer than 11 analysts promptly cut their price targets on the stock. Of the companies loweri...
2024-07-30 07:15:00 ET Coca-Cola (NYSE: KO) is one of the most reliable dividend stocks out there. And it's been on a tear, too -- hitting a fresh all-time high on Friday after reporting strong earnings. With a yield of 2.9%, Coke is an excellent choice for reliable passive income. ...
2024-07-29 08:15:00 ET United Parcel Service (NYSE: UPS) is trading at multi-year lows after reporting second-quarter earnings, including a shocking drop in operating profits and lowered guidance for 2024. With the stock now more than 40% below its all-time high, investors must deci...