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The Latest UPS Headlines
UPS, FedEx upped to buy at UBS
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<blockquote data-quote="cheryl" data-source="post: 749151" data-attributes="member: 1"><p><strong><u><a href="http://www.marketwatch.com/story/ups-fedex-upped-to-buy-at-ubs-2010-07-01" target="_blank">UPS, FedEx upped to buy at UBS - CBS Marketwatch</a></u></strong></p><p> </p><p>"After two years of earnings declines, several factors have aligned to deliver above average EPS growth: the operating leverage into the recovery that's inherent in their higher-fixed cost business models (especially FedEx); strong international volume growth, with no reported slowdown in business in Europe or Asia; an improving LTL environment; and an overall firming in pricing. And all this is finally at a price we like," the broker said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 749151, member: 1"] [B][U][URL="http://www.marketwatch.com/story/ups-fedex-upped-to-buy-at-ubs-2010-07-01"]UPS, FedEx upped to buy at UBS - CBS Marketwatch[/URL][/U][/B] "After two years of earnings declines, several factors have aligned to deliver above average EPS growth: the operating leverage into the recovery that's inherent in their higher-fixed cost business models (especially FedEx); strong international volume growth, with no reported slowdown in business in Europe or Asia; an improving LTL environment; and an overall firming in pricing. And all this is finally at a price we like," the broker said. [/QUOTE]
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