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    Published on 09-02-2010 08:13 AM
    Categories:
    1. UPS News

    Inline Image UPS Foundation delivers $1M to UNICEF - Business First

    The UPS Foundation has pledged $1.25 million over two years to the U.S. Fund for UNICEF.

    The foundation is the charitable arm of Atlanta-based United Parcel Service Inc., which has its airlines division headquarters and its largest international air-cargo sorting hub in Louisville.

    That brings the UPS Foundation's total support for UNICEF to $2 million for 2010 and 2011.
    Published on 08-30-2010 07:44 AM
    Categories:
    1. UPS Press Releases

    Inline Image UPS Now a Corporate Sponsor of Southeastern Conference - UPS

    UPS (NYSE:UPS) today announced it has become the official package delivery and logistics sponsor of the Southeastern Conference and all SEC Championship events.
    The contract, which was negotiated through SEC Sports Marketing, an IMG College Property, will run through June 2013.

    The sponsorship provides UPS with official corporate sponsor status including category exclusive use of conference logos, marketing rights, SEC television and web presence, event signage and merchandise. Additionally, the company will have a category exclusive presence at the Dr. Pepper SEC FanFare during the Conference's annual football championship weekend and men's basketball tournament. These two events, held in conjunction with the respective SEC Championships, draw more than 60,000 fans each year.
    Published on 08-27-2010 10:52 AM
    Categories:
    1. UPS Press Releases

    Inline Image UPS Founders’ Day … Celebrating 103 Years of Promises - UPS

    In 1907, Jim Casey and Claude Ryan started American Messenger Company in a Seattle, Wash., basement office space. The two young entrepreneurs and their employees delivered messages to people throughout the day and night. Early on, the company strived to distinguish itself through customer service and team work.

    That company eventually became UPS. On August 28, UPSers around the world celebrate Founders’ Day to remember what we have accomplished and what we have still to achieve. UPS has survived 21 recessions, a great depression, world wars and natural disasters. Our goal has never been to simply endure these challenging times, but to learn from the lessons of adversity and to thrive. For all that we have accomplished, we owe our success to the trust of our customers and the dedication of our employees.

    The following quote from Jim Casey reflects this belief:

    ”You cannot be successful entirely through your own efforts. All of us, if we are to accomplish anything worthwhile, will do it largely through the help and cooperation of the people who work with us. We must help others to help us.“
    Published on 08-27-2010 07:21 AM
    Categories:
    1. UPS Stock News

    Inline Image Fedex, UPS Rise: Dahlman Prefers FDX - Barrons

    Shares of Fedex (FDX) and United Parcel Service (UPS) are both higher this afternoon after Dahlman Rose analyst Jason Seidl iniated coverage of the two stocks with a “Buy” rating on Fedex and a $97 price target and a “Hold” rating on UPS.

    Fedex shares may face pressure “in the near term” from uncertainty about global economic recovery, writes Seidl, but the stock, trading at just 14 times 2011 EPS estimates, is cheaper than its 10-year P/E historical average of 19 times.

    As for UPS, it’s also, like Fedex, historically cheap, at 16 times 2011 EPS projections, versus an average in the early part of the last decade of 25 times earnings. But multiples have contracted to 16 to 19 times earnings in recent years, so he doesn’t see enough upside to merit buying the shares.
    Published on 08-26-2010 07:37 AM
    Categories:
    1. UPS News

    Inline Image S&P raises UPS ratings outlook - CBS Marketwatch

    Standard & Poor's said Thursday it raised the ratings outlook of United Parcel Service Inc. to stable from negative. S&P has a AA- corporate credit rating on UPS. "The ratings on Atlanta-based UPS reflect its very strong position in ground parcel delivery and substantial earnings and cash flow.
    Published on 08-25-2010 06:53 AM
    Categories:
    1. Fedex News

    Inline Image Fedex Sues to Block Cuomo Probe - Barrons

    Fedex (FDX) has filed a lawsuit to block New York Attorney General Andrew Cuomo, after Cuomo in June subpoenad the the firm demanding to know its policies for insuring valuable items it carries by air.

    Fedex in the filing says Cuomo has overstepped his bounds, arguing that as “an airline,” Fedex is subject to federal authority, not the NY AG, according to the write-up by The Wall Street Journal’s Chad Bray.
    Published on 08-23-2010 09:13 AM
    Categories:
    1. Fedex News

    Inline Image FedEx Corp. Board Declares Quarterly Dividend - Fedex

    The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.12 per share on FedEx Corporation common stock. The dividend is payable October 1, 2010 to stockholders of record at the close of business on September 10, 2010.

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