A Capital Decision at UPS - Motley Fool
Sometimes you have to take a step back to prepare for two -- or even three -- steps forward. That appears to be the thinking of the management of
United Parcel Service, as indicated by the company's avowed new approach to managing its capital structure.
From now on, the company will be somewhat less concerned with maintaining a rock-bottom debt level and cultivating top-of-the-line credit ratings in favor of greater balance-sheet flexibility and perhaps an increased ability to reward its shareholders.