Wednesday, April 25, 2007

UPS dips 13 1/2, Conoco 7 7/10

UPS 1Q profit dips 13.5 percent (AP)

AP - UPS Inc., the world's largest shipping carrier, said Wednesday its first-quarter profit dropped 13.5 percent due to charges related to aging jet aircraft and a slowing U.S. economy.

ConocoPhillips 1Q profit rises (AP)

AP - ConocoPhillips, the nation's third-largest oil and gas producer, said Wednesday its first-quarter profit rose 7.7 percent as income from asset sales helped offset lower commodity prices and higher operating costs.

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