Delivery company UPS posts a second-quarter earnings miss, slashing its guidance and full-year forecast. Moody's has downgraded ten small and medium-sized U.S. banks, including M&T (MTB), Pinnacle (PNFP), Webster Financial (WBS), and issued negative outlook warnings on larger financial bodies like PNC, Capital One (COF), and Citizen's Bank (CFG). Lastly, pharmaceutical developer Eli Lilly (LLY) raises its full-year guidance on the success of its weight-loss and breast cancer drugs. Yahoo Finance Live's Julie Hyman breaks down several of this morning's top headlines.
