Seeking Alpha

Shares of UPS fall 1.4% premarket after FedEx's weak outlook for FY13 disappoints. There's no...

Shares of UPS fall 1.4% premarket after FedEx's weak outlook for FY13 disappoints. There's no getting around that the same "weak economic conditions" FedEx says it faces, will be a drag on UPS.
Comments (2)
  • not a red sox fan
    , contributor
    Comments (2) | Send Message
     
    My friends still active at UPS are telling me volume is way up, and del'y routes are fewer than last yr, and the teamsters are willing to just sign the contract for next yr and move on w/o a stoppage and the co is in an active cost cutting mode...so even though today will be a bad day in the market, expect ups to be about 77 at yrs end...the key is the election, if my man Mitt gets in, the economy will go through the roof, if not, major sellout is likely...
    18 Sep 2012, 08:00 AM Reply Like
  • wmmerkle
    , contributor
    Comments (7) | Send Message
     
    Forty yr vet just invested $65000.00 more in UPS!
    19 Sep 2012, 07:42 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector