ups

Kurt Kuehn, UPS's chief financial officer said, "Despite softening economic conditions, UPS delivered its highest ever second quarter earnings per share. These results were driven by the quality of revenue in U.S. Domestic, superi

UPS (NYSE:UPS) reported Q2 earnings of $1.05, better than analyst estimates of $1.04. Revenue in the quarter rose 8.1% to $13.19 billion, better than consensus estimates of $13.14 billion.

The company raised its 2011 EPS guidance to a range of $4.15 to $4.40, vs. the current consensus estimate for $4.25 per share profit.

Scott Davis, UPS chairman and CEO said, "UPS produced strong first quarter results despite rapidly rising fuel costs and challenging weather conditions.

UPS (NYSE:UPS) reported Q1 EPS of $0.88, beating the consensus expectation for an $0.85 per share profit. Revenue for the quarter was up 7.3% year-over-year to $12.58 billion, below the consensus estimate for $12.72 billion.

Equity futures are pointing higher this morning with the Dow Jones Industrial Average (DJI) looking to open 100 points higher while the broader S&P500 index is looking to open over 15 points higher. Moving fast in the pre-mark

This is what's in the news for Tuesday, March 1st, 2011. the New York Post reports that Morgan Stanley (MS) is said to be looking to complete the spin-off of FrontPoint Partners as early as today, even as the fund is being hur

UPS announced that they have raised their quarterly dividend to 52 cents per share. UPS Chairman and CEO Scott Davis said, "We believe that 2011 is going to be a great year for UPS and we're committed to significantly increasing d

Citi believes that package volumes are recovery with growth likely to continue in 2011. In addition, pricing and margins should also see additional improvement.

Citi has put a price target of $110 on shares of FedEx and an $84 target for shares of UPS.

Citigroup believes that package carriers are poised to outperform this year and has initiated coverage on both FedEx (NYSE:FDX) and UPS (NYSE:UPS) with "Buy" ratings. The firm believes that each are a way to play the global trade

United Parcel Service, Inc. (UPS) has turned solidly positive after a morning of choppy trading as the package shipper struggled with stormy weather up and down the east coast.
The company said it had curtailed service in 13

The glowing forecast for holiday shipping continues a trend of higher revenue and shipping volume for UPS during the first nine months of the year.

For UPS (UPS), Wednesday was forecast to be the busiest day of the year for the world's largest package delivery company. It expects to deliver a record 24 million shipments worldwide in 24 hours. That is 9 percent higher than las