Why UPS Stock Is Falling After Hours
United Parcel Service Inc (NYSE: UPS ) shares are trading lower in Thursday''s after-hours session after FedEx Corp (NYSE: FDX ) shares fell 15% on the company''s preliminary results. FedEx said its fiscal first-quarter results were adversely impacted by global volume softness that accelerated in the final weeks of the quarter. The company now expects first-quarter revenue of approximately $23.2 billion and first-quarter adjusted earnings to be around $3.44 per share. "Global volumes declined … Full story available on Benzinga.com
Why UPS Stock Is Falling After Hours
United Parcel Service Inc (NYSE: UPS ) shares are trading lower in Thursday''s after-hours session after FedEx Corp (NYSE: FDX ) shares fell 15% on the company''s preliminary results. FedEx said its fiscal first-quarter results were adversely impacted by global volume softness that accelerated in the final weeks of the quarter. The company now expects first-quarter revenue of approximately $23.2 billion and first-quarter adjusted earnings to be around $3.44 per share. "Global volumes declined … Full story available on Benzinga.com