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UPS CEO Talks Relationship With Amazon, Taxes And Drones
Wednesday, December 7, 2016 - 12:53pm | 344With all the talk of Amazon.com, Inc. (NASDAQ: AMZN) building out its own shipping network and delivery capacity, United Parcel Service, Inc. (NYSE: UPS) investors have reason to be concerned that the delivery company could lose a key client. Speaking as a guest on CNBC's "Squawk Box" on Wednesday...
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UPS Delivers Impressive Q4 Results, Shares Gain
Tuesday, February 2, 2016 - 9:31am | 248Shares of United Parcel Service, Inc. (NYSE: UPS) were trading higher by more than 2.5 percent early Tuesday morning after the company reported its fourth quarter results. UPS earned $1.47 per share (Adjusted EPS of $1.57) in the fourth quarter on revenue of $16.1 billion. Wall Street analysts...
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After Bumper Q2, UPS Is Seeing 'Mixed Signals In The U.S. Economy'
Tuesday, July 28, 2015 - 1:44pm | 380United Parcel Service, Inc. (NYSE: UPS) reported better than expected second-quarter numbers on Wednesday. EPS of $1.35 for the quarter was up 12 percent year-over-year and came in above analysts' consensus estimate of $1.26. David Abney, UPS CEO, was on CNBC post the earnings release to...
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UPS Beats Q3 EPS Estimates, Reaffirms Full Year Guidance
Friday, October 24, 2014 - 9:04am | 195United Parcel Service, Inc. (NYSE: UPS) announced Q3 2014 earnings on Friday. Diluted earnings per share were $1.32 for the third quarter 2014, beating the average estimate of $1.29, a 13.8 percent improvement over the prior year period. Operating profit increased 8.3 percent, resulting from...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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UPS Expecting To Regain Net Income Through Buybacks
Wednesday, September 15, 2010 - 9:08am | 151United Parcel Services, Inc. (NYSE: UPS) had a meeting with Goldman Sachs with UPS CEO D. Scott Davis, CFO Kurt Kuehn and COO David Abney, and worldwide sales and marketing head Alan Gershenhorn, where management announced that the company will yield increasing returns that will return over 100% of...