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Brown Cafe UPS Forum
UPS Union Issues
Central States Pension Fund cuts
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<blockquote data-quote="Catatonic" data-source="post: 1902831" data-attributes="member: 7966"><p>They are not secret ... I have "Insider Information" and I am unsure about what to disclose here.</p><p>I don't think UPS was told anything that any other publicly traded corporation gets.</p><p>UPS BOD and Management Committee are obligated to maximize shareholder value.</p><p>Not having pension obligations would increase shareholder value.</p><p>$10 billion in unexpected pension funding in the last 10 years is not a good sign for UPS stock.</p><p>UPS being on the S&P 500 helps buoy stock price.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1902831, member: 7966"] They are not secret ... I have "Insider Information" and I am unsure about what to disclose here. I don't think UPS was told anything that any other publicly traded corporation gets. UPS BOD and Management Committee are obligated to maximize shareholder value. Not having pension obligations would increase shareholder value. $10 billion in unexpected pension funding in the last 10 years is not a good sign for UPS stock. UPS being on the S&P 500 helps buoy stock price. [/QUOTE]
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