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UPS Union Issues
Contract talks ... any news? C'mon feeder fill us in!
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<blockquote data-quote="PT Stewie" data-source="post: 1076439" data-attributes="member: 12889"><p><span style="font-size: 18px"><strong>Things are going badly the company has no money..........</strong></span></p><p><span style="font-size: 18px"><strong></strong></span><a href="http://money.msn.com/top-stocks/top-picks-2013-united-parcel-service" target="_blank"><strong><span style="color: #3d2b1f">Top picks 2013: United Parcel Service - MSN Money</span></strong></a></p><p> </p><p>The package shipping company could deliver strong gains in the year ahead. </p><p> </p><p>Year-to-date in 2012, UPS has generated free cash flow in excess of $3.6 billion. The company repurchased 18.5 million shares for approximately $1.4 billion at an average price of $75.68 per share and paid dividends totaling $1.6 billion, a 10% increase over the prior year.</p><p> </p><p>The Big Brown dividend currently delivers a solid 3.1% yield. The company ended the third quarter of 2012 with $9 billion in cash and marketable securities, which will be used to fund the acquisition of TNT Express, which management expects to close in early 2013, along with debt repayment.</p><p></p><p>Read more: <a href="http://www.browncafe.com/#ixzz2H2B9Cy2B" target="_blank">Brown Cafe - UPS News for UPSers</a></p></blockquote><p></p>
[QUOTE="PT Stewie, post: 1076439, member: 12889"] [SIZE=5][B]Things are going badly the company has no money.......... [/B][/SIZE][URL="http://money.msn.com/top-stocks/top-picks-2013-united-parcel-service"][B][COLOR=#3d2b1f]Top picks 2013: United Parcel Service - MSN Money[/COLOR][/B][/URL] The package shipping company could deliver strong gains in the year ahead. Year-to-date in 2012, UPS has generated free cash flow in excess of $3.6 billion. The company repurchased 18.5 million shares for approximately $1.4 billion at an average price of $75.68 per share and paid dividends totaling $1.6 billion, a 10% increase over the prior year. The Big Brown dividend currently delivers a solid 3.1% yield. The company ended the third quarter of 2012 with $9 billion in cash and marketable securities, which will be used to fund the acquisition of TNT Express, which management expects to close in early 2013, along with debt repayment. Read more: [URL="http://www.browncafe.com/#ixzz2H2B9Cy2B"]Brown Cafe - UPS News for UPSers[/URL] [/QUOTE]
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