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UPS Pressroom News
UPS Achieves Record Earnings Per Share
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<blockquote data-quote="brownIEman" data-source="post: 1087243" data-attributes="member: 14596"><p>Yes, Please read UPS' financials, especially the part about how UPS actually LOST $1.75 Billion in 2012 Q4. Of course, that did not hurt cash flow. We only lost money in the quarter because of $3B in one time charges to pension and wellfare funds. That money was borrowed, so cash flow was not hurt, just a mountain of long term debt added to the already mountain of long term debt. But no biggie, those were one time charges. Like the similar one time charges that happened at the end of 2010, begining of 2011, the $6B one time charge that happened in 2008. We have only had 5 or 6 similar one time charges in the past 5 or 6 years, so I am sure there will not be any more in the coming years. They are after all ONE time charges...</p></blockquote><p></p>
[QUOTE="brownIEman, post: 1087243, member: 14596"] Yes, Please read UPS' financials, especially the part about how UPS actually LOST $1.75 Billion in 2012 Q4. Of course, that did not hurt cash flow. We only lost money in the quarter because of $3B in one time charges to pension and wellfare funds. That money was borrowed, so cash flow was not hurt, just a mountain of long term debt added to the already mountain of long term debt. But no biggie, those were one time charges. Like the similar one time charges that happened at the end of 2010, begining of 2011, the $6B one time charge that happened in 2008. We have only had 5 or 6 similar one time charges in the past 5 or 6 years, so I am sure there will not be any more in the coming years. They are after all ONE time charges... [/QUOTE]
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UPS Achieves Record Earnings Per Share
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