At the center of those issues was a Company Almost everybody knows. Ups. And wasnt good. Shares tumbled nearly 10 making it the worst performing stock on the s p 500. After the parcel shipping company closely watched because its viewed as the barometer of the health of the economy warned investors to expect weak Fourth Quarter results. The reasons . Unfavorable currency rates, volume fluctuations because of the west coast port disputes and those low oil prices . Well they arent helping as much as many believed they would and thats not all. Morgan brennan reports. Reporter United Parcel service delivering bad news to investors slashing its Fourth Quarter earnings forecast. The problem . Ups spend a lot of money to successfully deliver holiday packages on time and avoid a repeat of christmas 2013 when millions of packages were delivered late. But it did so at a big hit to the bottom line. Analysts say the shipping jienlt overcompensated. Ups for some time has been using prices to try to
Was a Company Almost everybody knows. Ups. And wasnt good. Shares tumbled nearly 10 making it the worst performing stock on the s p 500. After the parcel shipping company closely watched because its viewed as the barometer of the health of the economy warned investors to expect weak Fourth Quarter results. The reasons . Unfavorable currency rates, volume fluctuations because of the west coast port disputes and those low oil prices . Well they arent helping as much as many believed they would and thats not all. Morgan brennan reports. Reporter United Parcel service delivering bad news to investors slashing its Fourth Quarter earnings forecast. The problem . Ups spend a lot of money to successfully deliver holiday packages on time and avoid a repeat of christmas 2013 when millions of packages were delivered late. But it did so at a big hit to the bottom line. Analysts say the shipping jienlt overcompensated. Ups for some time has been using prices to try to maintain its market share vers
At the center of those issues was a Company Almost everybody knows. Ups. And wasnt good. Shares tumbled nearly 10 making it the worst performing stock on the s p 500. After the parcel shipping company closely watched because its viewed as the barometer of the health of the economy warned investors to expect weak Fourth Quarter results. The reasons . Unfavorable currency rates, volume fluctuations because of the west coast port disputes and those low oil prices . Well they arent helping as much as many believed they would and thats not all. Morgan brennan reports. Reporter United Parcel service delivering bad news to investors slashing its Fourth Quarter earnings forecast. The problem . Ups spend a lot of money to successfully deliver holiday packages on time and avoid a repeat of christmas 2013 when millions of packages were delivered late. But it did so at a big hit to the bottom line. Analysts say the shipping jienlt overcompensated. Ups for some time has been using prices to try to
Was a Company Almost everybody knows. Ups. And wasnt good. Shares tumbled nearly 10 making it the worst performing stock on the s p 500. After the parcel shipping company closely watched because its viewed as the barometer of the health of the economy warned investors to expect weak Fourth Quarter results. The reasons . Unfavorable currency rates, volume fluctuations because of the west coast port disputes and those low oil prices . Well they arent helping as much as many believed they would and thats not all. Morgan brennan reports. Reporter United Parcel service delivering bad news to investors slashing its Fourth Quarter earnings forecast. The problem . Ups spend a lot of money to successfully deliver holiday packages on time and avoid a repeat of christmas 2013 when millions of packages were delivered late. But it did so at a big hit to the bottom line. Analysts say the shipping jienlt overcompensated. Ups for some time has been using prices to try to maintain its market share vers
Company, about succession and more. Apparently that race is down now to two guys. Yeah. Well take a look at who they are and why they are potentially his successors. Lots of good questions there. Meantime, stocks are rallying on the first trading day of the month, and even though they are coming off the best month since october 2011. The big market story here is the nasdaq hitting 5,000. Remember, it was 15 years ago this month on march 10th 2000 to be exact when the nasdaq hit its peak. March 2009 when it hit its low. We Team Coverage for you. Melissa lee on why it is different this time around. Bertha coombs on what the fax 100 is telling us. Are first, dominik chew standing right next to me looking at the stocks that got us here. Dom, what are the names . I mean over the past year there have been stellar runups. Obviously, when were at 15year highs for the nasdaq a lot of companies have to contribute but its a market cap weighted index, and these are the stocks that have big market