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The Latest UPS Headlines
UPS Forecasts Profit Less Than Estimates; Sales Fall
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<blockquote data-quote="ScrapperK" data-source="post: 568995" data-attributes="member: 23982"><p>From the UPSer's website:</p><p> </p><p>"UPS today reported <strong><u>operating profit of $895 million</u></strong> on a 16.7 percent revenue decline for the second quarter of 2009. Adjusted diluted earnings per share were $0.49 compared to $0.85 last year."</p><p> </p><p>I am not compelled to believe any other report, as this is what was delivered to the SEC. Operating Profit of $895 million. I heard some departments were enjoying bonuses. I wonder where my incentive dollars are going.</p><p> </p><p>Spent on a 7 minute pep rally video is my best first guess.</p></blockquote><p></p>
[QUOTE="ScrapperK, post: 568995, member: 23982"] From the UPSer's website: "UPS today reported [B][U]operating profit of $895 million[/U][/B] on a 16.7 percent revenue decline for the second quarter of 2009. Adjusted diluted earnings per share were $0.49 compared to $0.85 last year." I am not compelled to believe any other report, as this is what was delivered to the SEC. Operating Profit of $895 million. I heard some departments were enjoying bonuses. I wonder where my incentive dollars are going. Spent on a 7 minute pep rally video is my best first guess. [/QUOTE]
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