less e-commerce activities drive this company low. also, there are lots of damages from UPS shipping although customers are getting full refund. 'free shipping' offer from companies will trigger them to re-re-negotiate the price rate with UPS. with DHL going under, there may be some opportunities, but the rate of UPS shipping is already too high. hybrid vehicles will require UPS substantial amount of capital to invest + get rid of current vehicles at salvage level.
The stock market was down yesterday and it is down again today. Bearish sentiment is roaming through Wall Street right now, so I thought I would look back on another occasion when the market was going through similar turmoil and I wrote about the following eight stocks, which I though
Investors are currently limited to the iShares Dow Jones Transports (IYT) as a transport ETF option with net assets of $698 million and 20 component stocks (stats as of 8/8/08 from the iShares website ). The top five holdings account for 43.2% of invested assets and include the following: Burlington Northern Santa Fe (BNI, 10.7%), Union Pacific (UNP, 9.6%), FedEx (FDX, 9.1%), Overseas Shipholding Group (OSG, 6.9%), and United Parcel (UPS, 6.9%). In addition, the iShares Dow Transports ETF also includes three passenger airlines: AMR Corp. (AMR), Continental (CAL), and JetBlue (JBLU); alth...
The best time to buy is when we have a negativity bubble. This great nation of ours is in a deep pessimism. We have not seen consumer sentiment this low for decades (see following chart).
Earlier this week we wrote a recommendation for a put spread on Federal Express (FDX), aiming to profit from the downside in the overnight transportfirm's stock that we saw on the horizon due to higher fuel costs. <!----> Thistrade is starting to work well; it's been an exciting few days asoil prices have continued to spike higher and we're now seeing some ofthe people-passenger (as opposed to cargo-passenger) firms cuttingsignificant capacity due to these fuel prices. American Airlines (AMR) announced yesterday a 12% capacity reduction to cut costs, and hasmade it known that possible furt
Recap of CNBC's Fast Money, Wednesday May 14.
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Yahoo (YHOO), Microsoft (MSFT), Google (GOOG)
On Icahn’s decision to pursue Yahoo, Karen Finerman doesn’t think the risk/reward is worth it and believes a lot of the Icahn factor is already priced in. She is uncertain whether MSFT is still interested in the deal. She thinks Icahn’s radical proposals to reform Yahoo’s board might interfere with rather than facilitate a deal. Macke thinks Icahn will succeed and MSFT will return to the table. While Najarian agrees MSFT may still pursue Yahoo, he sold half of his Yahoo position. Adami woul
Recap of CNBC's Fast Money, Friday May 9. Click on a stock ticker for more analysis.
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Fed Ex (FDX), UPS (UPS)
Fed Ex's warning not only sent its own shares down, but has implications for UPS and retail, and will have a positive impact on rails, Guy Adami said. Najarian noted FDX's warning is consistent with the rising price of oil, and a decline in oil may be good for FDX. Macke says UPS might be a buying opportunity.
United Parcel Service (NYSE:UPS) CFO Scott Davis reaffirmed recent guidance at an investor conference in Cologne Germany. Included in the comments was a one sentence forecast for the US economy for 2007
“Davis said domestic small package operations will be affected this year by a slowing economy in the United States, with next-day air growth flat to slightly positive in 2007.”
If you respect Dow Theory tenets that transportation should confirm the Dow be ye afraid or at least sell a few positions.
The real long term news is the fundamental shift in the mix of international...
United Parcel Service said it ordered 27 Boeing 767-300ER freighter aircraft, worth about $3.8 billion at list prices.
UPS, the world's largest package delivery company, said the aircraft are part of its fleet replacement plan and will help it keep up with strong growth in its international business. The planes are to be delivered between 2009 and 2012.
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