ADVFN - Advanced Financial Network.
HOME» NYSE » U » UPS Stock Price » UPS Stock News

Ups Share News

 United Parcel Service Stock Price
UPS Stock Price
 United Parcel Service Stock Chart
UPS Stock Chart
 United Parcel Service Stock News
UPS Stock News
 United Parcel Service Company Information
UPS Company Information
 United Parcel Service Stock Trades
UPS Stock Trades

TNT Express 2Q Net Profit Up, But Trading Conditions Worsen

AMSTERDAM -(Dow Jones)- Dutch package shipper TNT Express NV (TNTE.AE) Monday reported a jump in second quarter net profit helped by a better performance of its businesses outside of Europe, but added that trading conditions in Europe and Asia Pacific intercontinental were becoming increasingly challenging. MAIN FACTS: - Revenue for the second quarter increased 1.7% to EUR1.83 billion from EUR1.80 billion in the second quarter of 2011 - Operating income for the second quarter increased 67.4% to EUR77 million, from EUR46 million - Operating income adjusted for currency effects and one-offs dropped 6.8% to EUR69 million, compared to EUR74 million - Net profit came in at EUR40 million in the second quarter of 2012, compared to EUR4 a year earlier - TNT expects EUR50 million in indirect cost savings to be fully implemented by year end - UPS Offer of EUR9.50 per share is expected to be completed in the fourth quarter, following a further European Commission review - Despite demanding economic conditions in Europe & MEA, volume growth was good, but customers increasingly opted for non-premium products. - The resulting negative product mix plus general price pressure were mitigated by cost-control initiatives. - In Asia Pacific, operating income improved even though international volumes declined. All units performed better, in particular Australia, China Domestic (Hoau) and India. - Americas saw an improved performance from Brazil, though challenges remain - By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Ups (UPS)
DateTimeHeadline
05/23/201606:58:00Today's Top Supply Chain and Logistics News From WSJ
05/18/201616:00:00Hertz Global Holdings, Inc. Stockholders Approve Company Proposals...
05/18/201609:00:00UPS to Launch On-Demand 3D Printing Manufacturing Network
05/18/201609:00:00SAP and UPS to Simplify Industrial On-Demand Manufacturing Through...
05/18/201600:30:00UPS Boosts Commitment to 3-D On-Demand Printing
05/17/201609:30:00UPS Named A Leader in Gartner Magic Quadrant for 3PL, Worldwide
05/16/201616:45:39Statement of Changes in Beneficial Ownership (4)
05/16/201616:45:39Statement of Changes in Beneficial Ownership (4)
05/16/201616:45:39Statement of Changes in Beneficial Ownership (4)
05/16/201616:45:39Statement of Changes in Beneficial Ownership (4)
05/16/201616:45:13Statement of Changes in Beneficial Ownership (4)
05/16/201616:41:23Statement of Changes in Beneficial Ownership (4)
05/16/201616:40:51Statement of Changes in Beneficial Ownership (4)
05/16/201616:40:51Statement of Changes in Beneficial Ownership (4)
05/16/201616:40:51Statement of Changes in Beneficial Ownership (4)
05/16/201616:31:46Statement of Changes in Beneficial Ownership (4)
05/16/201616:26:29Statement of Changes in Beneficial Ownership (4)
05/16/201616:26:03Statement of Changes in Beneficial Ownership (4)
05/13/201609:00:00UPS To Open New Facility In Round Rock, TX
05/12/201620:20:00Wal-Mart Bets on Free Two-Day Shipping

Ups and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad