DALLAS (AP) — United Parcel Service Inc. says it was slowed down in the fourth quarter by weak global trade and a disappointing holiday-shopping season.
The company is forecasting a "relatively flat" first quarter and its outlook for the full year came in below analysts' expectations.
UPS shares, which had been up about 10 percent so far this year, fell $1.62, or 2 percent, to $79.61 in trading Thursday morning.
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