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UPS (UPS -4.6%) stock is down big after the company warned of a slowing global economy (I, II),...

UPS (UPS -4.6%) stock is down big after the company warned of a slowing global economy (I, II), and shares may fall further. Citi trims its profit estimate for 2012 and 2013 and its 12-month target price, to $86 from $92; while UPS guidance is "a bit conservative, we see little pointing to a meaningful acceleration in volumes before the fourth quarter."
Comments (3)
  • C.A. Grange
    , contributor
    Comments (47) | Send Message
     
    When does FDX report?
    24 Jul 2012, 04:04 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Sept. 18
    24 Jul 2012, 04:10 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Buy FDX when both hit a relative bottom.
    24 Jul 2012, 04:06 PM Reply Like
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