SA: Dow Jones drops 1,100+ points, Nasdaq, S&P 500 sink amid consumer stock carnage
SEEKING ALPHA reports: The Dow Jones Industrial Average tumbled more than 1,100 points Wednesday afternoon and ...
SEEKING ALPHA reports:
– United Parcel Service (NYSE:UPS) slips after topping Q2 estimates, but setting guidance slightly below expectations.
– Revenue was up 10.2% in the U.S. domestic segment driven by a 13.4% increase in revenue per piece from strong improvement in all products. Segment adjusted operating margin was 11.6%.
– Revenue increased 30.0% in the international segment, led by strong growth in Europe. Segment adjusted operating margin was 24.7%….
To read the full post, please click here (free reg. is required).
UPS stock changing hands at $192.88 @ 13:10 EDT, ...