UPS Shares Fall, Drag Transports Lower
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Shares of United Parcel Service Inc.  slid more than 7 percent on Wednesday, dragging down the transport sector a day after the company said fourth-quarter earnings would miss estimates.
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Stocks opened down on Wednesday after  weaker-than-expected durable goods data added to uneasiness  about growth in the economy and corporate profits.
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U.S. technology stocks were knocked  lower on Tuesday after brokerages downgraded Internet retailer  Amazon.com Inc. AMZN.O and computer maker Dell Inc. DELL.O.
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US stocks fell after Colgate- Palmolive Co., the world&#39;s largest toothpaste producer, reduced its profit forecast and PMC-Sierra Inc.
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Leading shares closed lower Tuesday and off session highs as Wall Street was softer with InterContinental Hotels Group down on fading bid rumours, dealers said.
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ATLANTA -- UPS Inc., the world's largest shipping carrier, is seeking more job cuts on top of 1,200 positions in its logistics unit it previously said it would cut.
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U.S. blue-chip stocks fell  on  Thursday as disappointing earnings reports from companies  including Caterpillar, UPS and Amgen combined with higher oil  prices to turn investors cautious after two days of gains.
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Shares of US airlines declined in Monday trading activity, led lower by an analyst downgrade on Northwest Airlines Corp. and crude oil prices that rose well into the $53-per-barrel level at midday.
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U.S. shares looked set to open lower on Tuesday, with stock exchange operators Nasdaq  and NYSE Group Inc.  in focus as a result of developments in their respective transatlantic merger endeavors.
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Stocks fell on Wednesday after news of  a bigger-than-expected drop in weekly U.S. crude inventories  and a surprise jump in the U.S. trade deficit to a record  level.
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United Parcel Service Inc.  on Tuesday provided a full-year outlook for 2007 below analysts' forecasts, citing a slowing U.S. economy, and its shares fell 3 percent.
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Stocks fell on Thursday after a report   said factory activity slowed sharply in the U.S. Mid-Atlantic   region in September, triggering fresh worries about an economic   slowdown and prospects for corporate profits.
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US steelmakers&#39; shares declined, led by AK Steel Holding Corp., Nucor Corp. and US Steel Corp., amid concern that exports from China, the world&#39;s largest producer and consumer of steel, may create a supply glut.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned to haunt stock markets, sending investors to seek safe haven government bonds.
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U.S. stocks inched lower on Monday as investors were hesitant to add positions after last week's broad gains and awaited a report on the U.S. service sector to yield clues about the outlook for the economy.
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U.S. stocks opened lower  on Thursday,  weighed by weaker-than-expected earnings from online retailer  Amazon.com Inc. AMZN.O and a government report showing U.S.  productivity growth slowed in the fourth quarter.
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NEW YORK - Select Comfort Corp. stock fell after the bed maker lowered is sales forecast, citing slow sales during the Thanksgiving weekend.