Akorn was downgraded to hold at Deutsche Bank. $24 price target. Earnings estimates were also cut, given lower expected ephedrine sales, Deutsche said.
Category: Air Courier
UPS tests drones for regular deliveries in rural areas
United Parcel Service said Tuesday that a drone launched from a specially outfitted truck, made a delivery and returned to the truck during a test this week in Florida. UPS has tested drones for emergency deliveries such as medicine.
The Most Important Retirement Chart You’ll Ever See
Saving for retirement can feel like being forced to run a marathon when all we’ve ever trained for was a 40-yard dash. The entire idea of retirement is brand-new to the human race; it is only within the last 50 years that the idea of living longer than you can work even surfaced.
UPS Tumbles as Currency Drag Delivers Blow to Profit Forecast
United Parcel Service Inc. plunged as its profit forecast for this year missed analysts’ estimates on “headwinds” from currency effects. Adjusted earnings will absorb a $400 million pretax hit from foreign exchange effects, the world’s largest package-delivery company said in a statement Tuesday.
Holiday Rush: FedEx Says Deliveries Running on Schedule
In this Jan. 5, 2016 photo, a FedEx truck drives past the skyline in San Francisco. Two giants, the U.S. government and FedEx, are set to do battle in a federal court over the explosive claim that the shipping company knowingly delivered illegal … prescription drugs such as Ambien from pill mills to dealers and addicts, some of whom fatally overdosed.