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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (364842)	4/8/2008 5:20:35 PM
From: ldo79	Read Replies (1) \| Respond to of 436258

yeah - mostly worthless shit for perma-bulls =========== Press Release Source: UPS UPS Lowers 1Q 2008 Guidance Tuesday April 8, 5:14 pm ET Deteriorating U.S. Economic Conditions Restrain Domestic Volume ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS - News) today announced it had lowered its first quarter earnings expectations to $0.86 or $0.87 per diluted share from a previously anticipated range of $0.94-to-0.98. At UPS’s investor conference on March 12, Chief Financial Officer Kurt Kuehn stated that UPS’s earnings guidance for the quarter would be difficult to achieve if lower volume trends experienced in February continued through March. The U.S. economy has continued to weaken, causing a reduction in domestic package volume and a shift away from premium products. Significantly increased fuel costs in the quarter also contributed to the lower-than-expected results. On April 23, the company will discuss first quarter results and its outlook for the year. UPS (NYSE: UPS - News) is the world’s largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in transportation and logistics, UPS is a leading global trade expert equipped with a broad portfolio of solutions. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. The company can be found on the Web at UPS.com. To get UPS news direct, visit pressroom.ups.com/RSS.