April 09. 2008 2:00AM - Last modified: March 14. 2012 2:43PM

Stocks fall as UPS downgrades outlook

By Jim Butman

The stock market dipped today after UPS warned that a weakened economy and rising fuel costs are taking a toll on its delivery business. Meanwhile, American Airlines canceled another 850 flights today as it re-inspects the wiring in its MD-80 fleet.  Local decliners in the BizTimes Stock Index outnumbered advancers this morning. The largest local decliners this morning were Bucyrus International Inc. (down $2.54 to $108.41) and Joy Global Inc. (down $1.27 to $68.98). The largest local advancers this morning were Strattec Security Corp. (up $1.20 to $42.19) and Orion Energy Systems Inc.  (up 27 cents to $10.75). The BizTimes Stock Index was created by Small Business Times and is monitored by North Shore Bank. The index, which measures the stock values of publicly held companies based in southeastern Wisconsin, is updated daily and can be viewed at www.biztimes.com.


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