Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season. The…
The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In…
United Parcel Service Inc. (NYSE: UPS) reported third-quarter 2012 results before markets opened this morning. For the quarter, the package delivery company posted adjusted diluted earnings per share (EPS) of $1.06 on…
Paul Ausick The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was wider than…
FedEx Corp. (NYSE: FDX) is looking for the busiest holiday season yet. In a press release this morning the shipping giant said that Monday, December 10, likely will be its busiest shipping day…
United Parcel Service Inc. (NYSE: UPS) said today that it has received a “statement of objections” from the European Commission (EC) related to the company’s $6.7 billion acquisition of TNT Express NV.…
Paul Ausick From October through December last year, U.S. retail payrolls added 660,200 workers according to outplacement firm Challenger, Gray & Christmas. That was barely more than the 647,600 seasonal workers added in 2010.…
The $6.8 billion merger between United Parcel Service Inc. (NYSE: UPS) and TNT Express is still expected to be completed by early 2013, despite the announcement today that the CEO of the…
Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters) Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung,…
In 2010, U.S. firms hired an estimated 627,000 temporary workers to help meet demand for customer service, package handling and warehousing. Of that total, about 495,000 were hired in retail stores. Last…
George Soros says Germany should back the European Union or leave it. (Reuters) The new Apple Inc. (NASDAQ: AAPL) iPhone could boast fourth-quarter gross domestic product by 0.5%, according to a J.P. Morgan Chase…
Bank of America/Merrill Lynch is making some changes to one of its key lists called the Most Attractive Buy List. The basis for the change is a key bottom or big base…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings showing that there have been some significant changes in the positions of the Berkshire…
The slowdown in global economic growth is taking a toll on FedEx Corp. (NYSE: FDX) and the company today announced a move to try to cut expenses. The company will offer voluntary…
The U.S. Postal Service is posting a whopping $5.2 billion loss for its June quarter. The losses are widening and its metrics keep getting worse. Concerns are growing as mail volume continues to decline…
