With u. P. S. The stock going to take a hit this morning after lowering their Fourth Quarter guide ax, a hangover from the Holiday Shipping fiasco. And shares of intel are sliding after Fourth Quarter earnings missed estimates and warning of flat revenues for the rest of this year. And speaking of earnings Morgan Stanley, General Electric, and amex making big moves today, well break them down with you. But first up, u. P. S. , the Package Delivery Company Expects Fourth Quarter earnings of 1. 25, well below forecasts. U. P. S. Said its been negatively impacted by higher costs driven by a surge of shipments during the Holiday Season. The company said it deployed 30,000 more temporary employees than it had planned for. Their peak delivery day volume up 7 1 2 from what they expected. As i just said on twitter, their models, jim, nowhere near on plan. I want everyone to go to u. P. S. Kicks off peak week they put out a press release. December 16th, 2013. Where they said, look, our peak day
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