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3XSQ: Weak forecast from UPS

Tuesday, July 24, 2012 - 04:19

July 24 - UPS is one of several U.S. companies expressing concern about the global outlook.

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Ahead certainty about uncertainty. And jingle bells on the beach. Later in the show. We're -- Tuesday players world headquarters in New York. Companies reporting quarterly results are sure about one thing a lack of clarity about their business prospects. Uncertainty weakness in Europe challenging conditions just some of the phrases being used. He's coming from UPS which missed forecast and cut its 2012 outlook. DuPont which said it expects earnings near the bottom of the range for this year and Texas Instruments which exceed its revenue hurt by weak orders. Checking shares UPS down about 2% there and DuPont were flat taxes in this. Up the scheme and one bright spot though AT&T. That -- compile it posting higher than expected earnings. It added significantly more wireless customers anticipated in the second quarter and said margins in the business were higher than ever. Shares trading near their 52 week high about 36 dollars hit earlier this month. In Europe details leaking out about one company's internal probe into the Libor scandal involving interest rate rating. Yeah this is Reuters exclusive Lisa Deutsche Bank in total program and that's important it is an internal pro. Has found that two of its former traders may have been involved in reading. At the libel right box and is also important there was no indication the reports that a failure of the top of the bank. So well this report contrasts -- -- -- which of course reached. At -- have 450 million dollar settlement with regulators -- -- across the chairman CEO. And the C own -- Jos but shall wait and the -- -- pro percent to conclude we do know. That attitude traders. No longer work for Deutsche Bank. Okay and now from Deutsche Bank to -- and not great news for Germany. Not who would have thought sets out the prospects at least sort of Gemini. Losing it. It's cherish AAA. Often Moody's put the racing on negative outlook -- it something that's on settled Germans worried about footing the bill for the play announced. And it's not let's yet another it's and in this euros and drama that continues to unfold -- add some. The latest manufacturing numbers out of the Euro zone which have Broadway Show that even Germany is now cutting jobs at a rate not seen in about two years. And the disappointing auction in Spain at which it paid the second highest yield. On short term debt since the birth of the Euro and it's been a pretty bad day overhead but I guess that we are getting used to -- these types of days now. That said Spanish bailout is getting more and more over realities that have plenty more to come. Okay -- -- and I ran things in Europe for us thank you from London. One day -- and another in the deep in is our power player of the day. Mariah Carey joining American vital to the tune of rusty roughly fifteen million years sources. -- also roughly what Jennifer Lopez was making the departing. -- it will take to get the judges table proceeds to well hoping to boost ratings the show's audience -- 23% last season. No word on replace departing -- -- warm weather -- Jackson will be about yeah dog. And finally with Christmas not exactly around quarter. Centers around. This summer that -- for congress. Yes Virginia there is. Send us an active and 25. You'll -- into it yet. A game. And got. That's the latest from three Times Square this Tuesday you could follow us on Twitter at lakers insider and check out our -- can look at life dot com. Flash players PP I'm Lisa Bernhard this is like.

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3XSQ: Weak forecast from UPS

Tuesday, July 24, 2012 - 04:19