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UPS Union Issues
UPS to increase debt by $10 billion
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<blockquote data-quote="BigBrownSanta" data-source="post: 289898" data-attributes="member: 11097"><p>I think you're just toying with me...</p><p> </p><p>It's possible the contract could play a part, but I doubt it. There are too many variables the analysts would have to know, and the company doesn't report that much in detail. The best the analysts could get is a SWAG. Maybe if the company decides to play the contract card when it doesn't meet earnings expectations again, it might be a factor.</p><p> </p><p>I believe most investors were taking a wait and see stance to see how Christmas played out.</p><p> </p><p>All these factors were present before, I agree, but after Christmas, many sub prime lenders announced <strong>additional</strong> write-offs, the jobs report came out Jan 4 with only 1/5 new jobs created than was expected, and retailers started reporting their mediocre Christmas sales. It's been day after day bad news which increased the anxiety in investors of a recession.</p><p> </p><p>BTW, our contract must be some pretty powerful reading since the DOW, S&P 500, and Nasdaq all fell about the same during this time period.</p><p> </p><p><a href="http://moneycentral.msn.com/investor/charts/chartdl.aspx?PT=4&compsyms=&CA=1&CB=1&CC=1&D4=1&DD=1&D5=0&DCS=2&MA0=0&MA1=0&CF=0&DB=1&D7=&D6=&showchartbt=Redraw+chart&symbol=UPS&nocookie=1&SZ=0" target="_blank">http://moneycentral.msn.com/investor/charts/chartdl.aspx?PT=4&compsyms=&CA=1&CB=1&CC=1&D4=1&DD=1&D5=0&DCS=2&MA0=0&MA1=0&CF=0&DB=1&D7=&D6=&showchartbt=Redraw+chart&symbol=UPS&nocookie=1&SZ=0</a></p></blockquote><p></p>
[QUOTE="BigBrownSanta, post: 289898, member: 11097"] I think you're just toying with me... It's possible the contract could play a part, but I doubt it. There are too many variables the analysts would have to know, and the company doesn't report that much in detail. The best the analysts could get is a SWAG. Maybe if the company decides to play the contract card when it doesn't meet earnings expectations again, it might be a factor. I believe most investors were taking a wait and see stance to see how Christmas played out. All these factors were present before, I agree, but after Christmas, many sub prime lenders announced [B]additional[/B] write-offs, the jobs report came out Jan 4 with only 1/5 new jobs created than was expected, and retailers started reporting their mediocre Christmas sales. It's been day after day bad news which increased the anxiety in investors of a recession. BTW, our contract must be some pretty powerful reading since the DOW, S&P 500, and Nasdaq all fell about the same during this time period. [URL]http://moneycentral.msn.com/investor/charts/chartdl.aspx?PT=4&compsyms=&CA=1&CB=1&CC=1&D4=1&DD=1&D5=0&DCS=2&MA0=0&MA1=0&CF=0&DB=1&D7=&D6=&showchartbt=Redraw+chart&symbol=UPS&nocookie=1&SZ=0[/URL] [/QUOTE]
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