With u. P. S. The stock going to take a hit this morning after lowering their Fourth Quarter guide ax, a hangover from the Holiday Shipping fiasco. And shares of intel are sliding after Fourth Quarter earnings missed estimates and warning of flat revenues for the rest of this year. And speaking of earnings Morgan Stanley, General Electric, and amex making big moves today, well break them down with you. But first up, u. P. S. , the Package Delivery Company Expects Fourth Quarter earnings of 1. 25, well below forecasts. U. P. S. Said its been negatively impacted by higher costs driven by a surge of shipments during the Holiday Season. The company said it deployed 30,000 more temporary employees than it had planned for. Their peak delivery day volume up 7 1 2 from what they expected. As i just said on twitter, their models, jim, nowhere near on plan. I want everyone to go to u. P. S. Kicks off peak week they put out a press release. December 16th, 2013. Where they said, look, our peak day
A building at renowned Medical Center just before 3 00. No word yet on the gunmans motive. The Medical Center is the largest hospital in northern nevada. A shelter in place has been lifted in san jose after a gas leak closed a downtown street for hours. That leak capped about 1 30 this afternoon. Construction crews accidentally cut into a gas line buried under the alameda just after 11 00 this morning. Traffic was halted in a six block area around that leak as pg e crews dug up the street to cap it. Well, its happened again. Another smoky fire at a Metal Recycling plant in redwood city. Its the second fire in as many months at Sims Metal Management on seaport boulevard. Thick white smoke carried the stench of burning plastic as far south as mountain view. It started with a small explosion in a pile of light iron recyclables after midnight. The cause may be difficult to figure out. This little pile has been shredded so we probably wont be able to figure out the exact cause but we do hav
Communications services companies rose as traders hedged their bets on the outlook for growth in the sector. Paramount shares rose slightly after analysts at.