UPS Earnings Slam!
#1
UPS Earnings Slam!
Looks like Wall Street is not too happy with the direction UPS has been headed based on the latest earnings report. Stock repurchase(gee what do we do with this money?). Borrowing huge money. Purchasing a company that looses HUGE money, to go through regulation hurtles. Too much defense. Lack of direction. Etc. Etc.
The hits keep coming
Must be about time for S.D. to take his parachute and jump
The hits keep coming
Must be about time for S.D. to take his parachute and jump
#2
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
Since when does UPS Management care what anyone or any institution thinks about their actions or how they run their business? Like with aircraft, UPS's only concern is which bank will the money come out of to make the purchase. They have more money than the Catholic Church.
JJ
JJ
#4
Stock repurchases are for funding stock options or grants to upper management and is pretty much in line with their mercenary attitude toward the pilots. Nothing new here.
I often view Wallstreet praise or condemnation as a contrary indicator. They're always happy when a company is eviscerating retirement/benefit plans or downsizing to improve profit margins.
#8
Bracketology
Wall Street slams UPS one way or the other. One quarter we actually BEAT expectations by a few cents, then UPS stock took a hit because we "should have beat expectations by 5 cents." ****!?!
Statements made by market analists (yep) are comments made on a snapshot, about comments made by a CFO and CEO whose global economic crystal balls make not be accurate!
One eye opening thing to do with quarterly reports, and the markets reaction, is to archive them and then read the last 4 or 8 of them together and see how accurate all of this prattle really is. Usually they make as much sense as my NCAA basketball bracket did at the END of March: I did pick the overall winner, but the rest of my bracket was 50/50. Go Cats!
Statements made by market analists (yep) are comments made on a snapshot, about comments made by a CFO and CEO whose global economic crystal balls make not be accurate!
One eye opening thing to do with quarterly reports, and the markets reaction, is to archive them and then read the last 4 or 8 of them together and see how accurate all of this prattle really is. Usually they make as much sense as my NCAA basketball bracket did at the END of March: I did pick the overall winner, but the rest of my bracket was 50/50. Go Cats!
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