UPS Earnings Beat Street Estimates, Boosts Outlook

The package delivery easily beat Wall Street estimates on higher revenue and margins. And investors will be paying close attention to the details since UPS’s global footprint can offer insights into the health of the world econ…

Jobless Claims Fall More Than Expected

Initial jobless claims fell slightly more than expected last week.

Claims dropped 23,000 to 452,000 in the week ending Oct. 16, the Department of Labor said. The revised figure for the previous week was 475,000.

A Reuters poll of analysts forecast c…

McDonald’s Earnings Up 10% on Strong Global Growth

The fast food giant recorded another healthy profit as sales growth continued across the globe. Investors were lovin’ the news from McDonald’s, sending shares up nearly 2% in premarket trading. Will the stock close at another a…

Toyota Recalls 1.5 Million Vehicles Worldwide

Toyota Motor is issuing another recall — this time it involves 740,000 cars and sports-utility vehicles in the U.S. and nearly 600,000 units in Japan to repair a seal on the vehicles’ brake master cylinder that may leak fluid …

Caterpillar Earnings Jump to $1.22 Per Share

Caterpillar Inc. (CAT) reported third quarter earnings of $1.22 per share, compared with 64 cents per share a year earlier.

Sales and revenue rose 53% to $11.134 billion, the company said in a statement.

“Third-quarter results continue to demonstra…