United Parcel Service, Inc. (NYSE: UPS) is joining the flow of big important companies reporting disappointing earnings. While the earnings were up 7.5% from a year ago, the 2012 guidance is suggesting…
The three major US stock indexes opened lower this morning following yesterday’s release of the minutes of the June FOMC meeting which did not raise hopes for another round of Fed easing.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning! ADTRAN Inc. (NASDAQ: ADTN) Cut to Hold…
Shares of Ryder System Inc. (NYSE: R), the truck rental and leasing firm, are getting pummeled today following last night’s revisions to the company’s second quarter and full fiscal year forecasts. The…
The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…
The three major US stock indexes opened higher this morning as markets ignored a steep rise in short-term Spanish debt and focused instead on some encouraging news on new housing construction permits…
FedEx Corp. (NYSE: FDX) reported fourth fiscal quarter and full fiscal 2012 earnings this morning. Adjusted EPS for the quarter came in at $1.99, beating the consensus estimate of $1.92. Adjusted EPS…
Microsoft (NASDAQ: MSFT) launches its Surface tablet. (Reuters) European leaders say they will create a more integrated banking system. (Reuters) The Financial Industry Regulatory Authority may determine whether Nasdaq (NASDAQ: NDAQ) was at…
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
The three major US stock indexes opened slightly higher this morning as markets reacted to news of a cooperative effort by central banks to maintain liquidity in the world’s financial system (our…
Earnings season has been over for a few weeks now, but there are going to be several key earnings events in the week ahead. 24/7 Wall St. wanted to issue some brief…
Jon OggFedEx Corp. (NYSE: FDX) announced this morning that it would raise shipping rates at its FedEx Freight subsidiary by 6.9% beginning in July. The change affects shipments between the US and…
Paul Ausick FedEx Corp. (NYSE: FDX) announced this morning that it has signed an agreement to acquire French express transportation company TATEX. The acquisition is subject to regulatory approvals and no details were given…
The major US stock indexes opened lower this morning following a weak report on non-farm payrolls (our coverage here). The lack of any further data to chew over left the markets with…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. AAR Corporation (NYSE: AIR) named Bear of the Day at Zacks. The…
