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UPS News (NYSE:UPS)

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05/05/20168:42PMDJNUPS Approves New $8 Billion Share Repurchase Program
By Maria Armental United Parcel Service Inc.'s (UPS) board approved spending up to $8 billion to buy back company stock. The Atlanta company, which ended the year with a $4.84 billion profit bolstered by higher shipping volumes, has bought back more than 96 million shares or $9 billion worth of stock over the past... More...>>
05/05/20166:06PMGLOBEUPS Board Announces Quarterly Dividend And Reauthorizes Share Repurchase Program
ATLANTA, May 05, 2016 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares. The dividend is payable June 1, 2016, to shareowners of record on May 16, 2016. Earlier this year, the UPS Board increased the regular... More...>>
05/05/20164:15PMGLOBEUPS Board Announces Quarterly Dividend
ATLANTA, May 05, 2016 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares. The dividend is payable June 1, 2016, to shareowners of record on May 16, 2016. Earlier this year, the UPS Board increased the regular... More...>>
05/05/201610:20AMDJNAmazon, Atlas Air Partner for Cargo Services
Atlas Air Worldwide Holdings Inc. said Thursday it would provide air cargo services to Amazon.com Inc., further building out the online retailer's delivery network. Atlas Air's shares rose 20% to $46 in premarket trading as Amazon edged up 0.6% to $675. The agreement includes operation of 20 Boeing Co. 767 freighters... More...>>
05/05/201610:00AMGLOBEUPS Shareowners Elect Board, Reappoint Deloitte & Touche
WILMINGTON, Del., May 05, 2016 (GLOBE NEWSWIRE) -- Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accountants.  Eleven directors stood for election to the Board and all were... More...>>
05/04/20169:48PMDJNNew U.S. Rules Make Foreign Goods Better Deal for Online Shoppers
By Laura Stevens A change in trade rules is making it cheaper and easier for American consumers to buy overseas goods online, heartening merchants abroad but threatening stiffer competition for U.S. retailers. Since about a month ago, the government has allowed Americans to import up to $800 at a time of most foreign goods... More...>>
05/04/201611:00AMGLOBEUPS Receives Prestigious InformationWeek Elite 100 “Decade” Award
ATLANTA, May 04, 2016 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) was recognized with a Decade Award, given to 10 companies that have averaged the highest rankings on the annual InformationWeek Elite 100 list over the past decade. UPS ranked 17 on the 2016 Elite 100 list for the integration of two services that are revolutionizing... More...>>
05/04/20169:30AMGLOBEUPS Taps Its Global Network to Provide Financial and Logistics Support to Aid Ecuador Earthquake Recovery
MIAMI, May 04, 2016 (GLOBE NEWSWIRE) -- The UPS Foundation, the philanthropic arm of UPS (NYSE: UPS), today announced an initial cash and in-kind commitment of more than USD $500,000 to aid in response and recovery efforts following the destructive earthquake that struck Ecuador on April 16. The UPS Foundation contributions... More...>>
05/03/201610:00AMGLOBEUPS Named Top Logistics Company
ATLANTA, May 03, 2016 (GLOBE NEWSWIRE) -- UPS is ranked No. 1 in Transport Topics’ annual issue of Top 50 Logistics Companies in North America. UPS also ranked No. 8 on the top 100 warehousing list, No. 10 on the top 50 dedicated contract carriers list, No.15 for the top 50 ocean freight forwarders, and fourth on the... More...>>
05/03/20169:00AMGLOBEUPS Unveils Updated Hybrid Electric Fleet to Extend Range
LONG BEACH, CA, May 03, 2016 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) today announced updates to 125 hybrid electric delivery trucks that extend their range and improve fuel economy as part of the company’s broader Rolling Laboratory approach.       A compact, quiet-running 2-cylinder engine replaces a prior 4-cylinder... More...>>
05/02/201611:00AMGLOBEThe UPS Store Kicks Off National Small Business Week with Small Biz Salute
SAN DIEGO, May 02, 2016 (GLOBE NEWSWIRE) -- Business is built on relationships, and for many small business owners, cultivating those connections is critical. According to a recent survey* conducted by The UPS Store, Inc., networking and marketing are two of the most important areas for growth for small business owners... More...>>
04/29/20163:03AMDJNUPS Gets Boost From Efficiency Drive -- WSJ
By Laura Stevens United Parcel Service Inc. reported 10% growth in quarterly income, helped by efforts to boost efficiency and lessen its costs delivering online orders to U.S. homes. Residential deliveries, up more than 6% in the quarter, are inherently more costly than shipments to businesses because the packages tend... More...>>
04/28/20164:50PMDJNAmazon Reports Another Profit
Amazon.com Inc. swung to a better-than-expected profit in the first quarter as it continued its drive to crowd out other retailers by offering nearly everything in as fast as an hour. The Seattle online retailer reported a profit of $513 million, or $1.07 a share, reversing a loss of $57 million, or 12 cents per share... More...>>
04/28/20163:20PMGLOBEUPS Announces Changes to Finance Leadership Team
ATLANTA, April 28, 2016 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) today announced Joe Wilkins will move into the role of Vice President and Corporate Controller and Scott Childress has been named Vice President and Investor Relations Officer. Both will report to Chief Financial Officer Richard Peretz.  “We have two extremely... More...>>
04/28/20169:20AMDJNMARKET SNAPSHOT: U.S. Stock Futures Tumble After Weak U.S. GDP, BOJ Surprise
By Ellie Ismailidou and Barbara Kollmeyer, MarketWatch Facebook jumps 12%; St Jude's surges 25%; dollar tumbles as yen soars U.S. stock futures held on to firm losses Thursday, following news that the U.S. economy sputtered in the first quarter to the lowest growth in two years, as businesses slashed investment by... More...>>
04/28/20169:00AMDJNUPS Earnings Rise as Deliveries Increase
United Parcel Service Inc. on Thursday reported better-than-expected earnings in the latest quarter as growth in domestic and international package delivery drove profit. The company also said it expects its momentum to continue, and it backed its full-year guidance. For the first quarter ended March 31, UPS posted earnings... More...>>
04/28/20168:56AMDJNUPS Earnings Rise as Deliveries Increase
By Anne Steele United Parcel Service Inc. on Thursday reported better-than-expected earnings in the latest quarter as growth in domestic and international package delivery drove profit. The company also said it expects its momentum to continue, and it backed its full-year guidance. For the first quarter ended March 31... More...>>
04/28/20167:45AMGLOBEUPS Reports Record 1Q EPS
1Q Earnings per Share Increases 13% to $1.27International Operating Profit Jumps 15%U.S. Domestic Expands Operating Margin as Cost per Unit Drops 1.9%Revenue Growth Slowed by Changes in Fuel and CurrencyAffirms Full-Year 2016 EPS Guidance of $5.70 to $5.90 ATLANTA, April 28, 2016 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) today... More...>>
04/26/20163:13PMDJNLooming German Airport-Staff Strike Threatens UPS Operations
By Laura Stevens and Natascha Divac FRANKFURT -- Public-sector strikes in Germany targeting airports are set to disrupt operations at United Parcel Service Inc. Wednesday, potentially stranding packages alongside passengers as hundreds of airport employees are expected to walk off the job in a wage dispute. UPS's... More...>>
04/18/20169:30AMGLOBEUPS to Release 1st Quarter Results on April 28, 2016
ATLANTA, April 18, 2016 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) will announce its 2016 first quarter results on Thursday, April 28, 2016, at approximately 7:45 a.m. Eastern Time. At 8:30 a.m. ET, UPS Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor conference call. This call... More...>>


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