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September 6, 2008 1:52:22 AM CDT

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Stories related to: United Parcel Service Inc.

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3 Stories

  • August 2008

    • UPS Denies Big Plans for Europe Expansion

      Bloomberg  |  Aug 11, 08 11:02 AM CDT

      UPS Denies Big Plans for Europe Expansion

      (Newser) - For the second time this summer, rumors that Dutch package-delivery company TNT NV was in talks with a potential US buyer—this time UPS for $15 billion—pumped up the company’s share price, reports Bloomberg. But the rally faltered as a UPS exec shot down the reports, asking Reuters, "That rumor again?" More »

      Tags

      mergers and acquisitions  • Netherlands  • FedEx  • United Parcel Service Inc.

  • June 2008

    • Stocks Dip as Fed Meets

      MarketWatch  |  Jun 24, 08 3:46 PM CDT

      Stocks Dip as Fed Meets

      (Newser) - The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P 500 lost 3.71 to finish at 1,314.29. More »

      Tags

      Federal Reserve  • stock market  • S&P 500  • consumer confidence  • NASDAQ  • financial stocks  • United Parcel Service Inc.  • Marketwatch

    • FedEx Reports $241M Loss on Fuel Costs, Soft Economy

      Wall Street Journal  |  Jun 18, 08 8:32 AM CDT

      FedEx Reports $241M Loss on Fuel Costs, Soft Economy

      (Newser) - Surging fuel costs, softening demand, and retail operation charges—including the cost of renaming its FedEx Kinko’s stores FedEx Office—sent FedEx Corp. to a fourth-quarter loss of $241 million, or 78 cents a share, compared to profits of $610 million or $1.96 a year ago, reports the Wall Street Journal. Revenue rose 8%. Earnings were below analysts' estimates, and the company predicted a "very difficult'' environment well into next year. More »

      Tags

      corporate earnings  • writedowns  • FedEx  • United Parcel Service Inc.

3 Stories

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