RTR: India probe clears DHL, FedEx, UPS of price collusion allegations, document shows
REUTERS reports: An Indian antitrust investigation has concluded there was no price collusion between the domestic ...
PLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINAPLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATEFDX: GOODBYE TIMEAMZN: SCRUTINYGM: BAD BEHAVIOURDHL: STICKING PEP: UNFAIR COMPETITIONKNX: JBHT RIPPLE EFFECTJBHT: DOWNGRADESDHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACK
PLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINAPLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATEFDX: GOODBYE TIMEAMZN: SCRUTINYGM: BAD BEHAVIOURDHL: STICKING PEP: UNFAIR COMPETITIONKNX: JBHT RIPPLE EFFECTJBHT: DOWNGRADESDHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACK
UPS saw second-quarter net income rise 3% to $1.27bn, on revenues up 4% to $14.1bn, outperforming analyst expectations. Despite a weak economy, the express operator said it would meet its year’s target through “improved network efficiency”. It also said it expected high holiday demand, but was already working with retailers to ensure it could cope.
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