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Strike in Chicago?
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<blockquote data-quote="1989" data-source="post: 372325" data-attributes="member: 10280"><p>The company said some bullish thins in the earnings release:</p><p></p><p></p><p>UPS reported revenue for the quarter of $13.0 billion, up 6.7 percent from the $12.2 billion it reported for the second quarter of 2007. Analysts had expected revenue for the quarter of $12.8 billion.</p><p></p><p></p><p>Nearly a billion more in revenues? Is there a recession?</p><p></p><p></p><p></p><p>``Slow U.S. economic activity and fuel-price increases hit us and our customers during the quarter,'' Chief Financial Officer Kurt Kuehn said in the statement. ``Even though economists do not predict a recovery until 2009, we anticipate that the second half of 2008 will generate modestly better results than the first half.''</p><p></p><p></p><p>Is this a sign of an ecomomic recovery or just peak season?</p></blockquote><p></p>
[QUOTE="1989, post: 372325, member: 10280"] The company said some bullish thins in the earnings release: UPS reported revenue for the quarter of $13.0 billion, up 6.7 percent from the $12.2 billion it reported for the second quarter of 2007. Analysts had expected revenue for the quarter of $12.8 billion. Nearly a billion more in revenues? Is there a recession? ``Slow U.S. economic activity and fuel-price increases hit us and our customers during the quarter,'' Chief Financial Officer Kurt Kuehn said in the statement. ``Even though economists do not predict a recovery until 2009, we anticipate that the second half of 2008 will generate modestly better results than the first half.'' Is this a sign of an ecomomic recovery or just peak season? [/QUOTE]
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