UPS Cuts Outlook on Lower Volume and Fuel Costs
CNBC has a story about UPS cutting their outlook : UPS Cuts Outlook on Lower Volume and Fuel Costs United Parcel Service, the world’s largest shipping carrier, cut its first-quarter profit guidance Tuesday, citing lower volume and higher fuel costs. The company said it now expects earnings per share of 86 cents or 87 cents. [...]
Beware These Toxic Stocks
BusinessWeek has an interesting story about Toxic Stocks: Beware These ‘Toxic’ Stocks Bullish noises for the market abound. Fed Chairman Ben Bernanke makes it clear that he’s prepared to pull out all the stops to prevent economic collapse, and Treasury Secretary Henry Paulson is talking up broad investor-friendly reforms for market regulators. And, while still [...]
US Home Prices In 2009
Bloomberg has a story about Greenspan’s take on US home prices: Greenspan Says U.S. Home Prices May Stabilize in 2009 Former Federal Reserve Chairman Alan Greenspan said the drop in U.S. home prices will probably end well before early next year as the number of houses on the market diminishes, aiding an economic rebound. It [...]