UPS Lowers Estimate
Watch the transports and retailers, they fall first... UPS, the world's largest package-delivery company, tumbled 3% after...
reducing its profit estimate while citing a weaker economy and higher fuel costs.
CFO Kurt Kuehn said last month: a slowing U.S. economy may make it difficult for the company to meet its first-quarter earnings target.
Air deliveries, which are among its most profitable services, are falling faster than ground shipments.
reducing its profit estimate while citing a weaker economy and higher fuel costs.
CFO Kurt Kuehn said last month: a slowing U.S. economy may make it difficult for the company to meet its first-quarter earnings target.
Air deliveries, which are among its most profitable services, are falling faster than ground shipments.
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