United Parcel Service Swings to a Loss
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United Parcel Service Inc., the package delivery company, reported a quarterly loss on Wednesday because of a $6.1 billion pension-related charge. The company also forecast weak first-quarter earnings.
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US Airways Group Inc. and UAL Corp.'s United Airlines, both operating under bankruptcy court protection, reported losses in the third quarter yesterday, blaming record high fuel prices and an inability to raise fares amid stiff competition.
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Package delivery company United Parcel Service Inc  on Wednesday reported a quarterly loss, citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund.
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Germany's Deutsche Post AG (DPWGn.DE: Quote , Profile , Research ) said losses at its U.S. express and logistics business will be 200 million euros ($246.1 million) greater than expected this year, sending its ...
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Supermarkets and food service group Ahold reported a third-quarter operating loss on Wednesday after making various exceptional charges on the value of some assets as it continues to battle price wars.
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United Parcel Service Inc. reported a 7.5 percent increase in fourth-quarter earnings, but said that profit growth would slow this year.
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Shares of United Parcel Service Inc. moved higher in trading Wednesday, while DHL Express appears not to be garnering the US market share it originally expected.
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The parent company of American Airlines, the nation's largest carrier, posted a loss of $69 million during the fourth quarter as fuel prices and weather disruptions wiped out higher revenue.
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The carrier sells its shares at a steep discount to the market price.
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Bankrupt UAL Corp. (UALAQ.OB: Quote, Profile, Research) , parent of United Airlines, on Tuesday reported a net loss of $114 million, including $14 million in reorganization expenses.
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United Parcel Service posted improved third-quarter earnings but the results still missed forecasts on Wall Street.
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Check out the most ridiculous way to lose a bundle.
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Just two years ago the Royal Mail was losing over one million pounds (1.4 million euros, 1.9 million dollars) every day.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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Greeting card maker American Greetings   Corp. AM.N on Thursday posted a quarterly loss, hurt by costs   for rolling out a new strategy to manage inventory.
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The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
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The discount broker posts a loss as mortgage-related losses mount.