OUTLOOK - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/OUTLOOK News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Macy’s quarterly profit falls short; sales outlook cut http://www.sltrib.com/sltrib/money/58292339-79/macy-percent-quarter-sales.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292339-79/macy-percent-quarter-sales.html.csp">Macy’s quarterly profit falls short; sales outlook cut</a></h4> <span class="author vcard"><span class="fn">By ANNE D’INNOCENZIO</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T15:51:45.696-06:00">Updated Aug 13, 2014 03:51PM MDT</span></h5> <div class ="entry-content">New York • Macy’s Inc. reported a 4 percent profit increase in its fiscal second quarter as business rebounded from slow sales earlier in the year. But the department store chain cut its full-year outlook for a key sales measure, saying Wednesday it couldn’t make up the sales shortfall from the first quarter, when winter storms kept shoppers at home. Shares of Macy’s tumbled nearly 5 percent, or $2.83, to $56.93 in trading Wednesday. Macy’s, a standout among its peers throughout the economic rec...</div> <h5><a rel="item-license" href="#license-582923392014-08-13T15:51:45.696-06:00" id="#license-2014-08-13T15:51:45.696-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292339@www.sltrib.com Wed, 13 Aug 2014 15:51:45 MDT UPS cuts profit outlook as costs rise for holidays http://www.sltrib.com/sltrib/money/58238127-79/ups-company-costs-profit.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58238127-79/ups-company-costs-profit.html.csp">UPS cuts profit outlook as costs rise for holidays</a></h4> <span class="author vcard"><span class="fn">By Michael Sasso</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-29T15:17:02.397-06:00">Updated Jul 29, 2014 03:17PM MDT</span></h5> <div class ="entry-content">Atlanta • United Parcel Service lowered its full-year profit outlook as the company boosts spending to help handle booming demand for fast shipping during the holidays. The shares tumbled the most in a year. The company now forecasts earnings per share to be $4.90 to $5, UPS said in its second-quarter statement Tuesday. That’s lower than the outlook the Atlanta-based company gave in April of $5.05 to $5.30 a share. UPS said it plans to spend $175 million on improving its shipping during the holi...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58238127@www.sltrib.com Tue, 29 Jul 2014 15:17:02 MDT