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Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Backed by Strong Liquidity and Growth in E-Commerc
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<blockquote data-quote="cheryl" data-source="post: 4726434" data-attributes="member: 1"><p><a href="https://www.nasdaq.com/articles/ups-backed-by-strong-liquidity-and-growth-in-e-commerce-2020-12-30" target="_blank"><strong>UPS Backed by Strong Liquidity and Growth in E-Commerce - NASDAQ</strong></a></p><p></p><p>We recently issued an updated report on <strong>United Parcel Service, Inc. </strong><a href="https://www.nasdaq.com/market-activity/stocks/ups" target="_blank">UPS</a>.</p><p> </p><p>UPS has a strong balance sheet. The company exited the third quarter with cash and equivalents of $9,241 million, above the current maturities of long-term debt, commercial paper, operating and finance leases of $2,942 million. This suggests that it has enough cash to meet its current debt obligations.</p><p></p><p>In this coronavirus-ravaged world, e-commerce is gaining momentum amid the social-distancing protocols, quarantine and lockdowns. Owing to the surge in residential delivery volumes and a strong outbound demand from Asia, UPS performed very well this year. Shares of UPS have gained 44.4% in a year compared with 64.2% growth of the <a href="https://www.zacks.com/stocks/industry-rank/industry/transportation-air-freight-and-cargo-186" target="_blank">industry</a>.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4726434, member: 1"] [URL='https://www.nasdaq.com/articles/ups-backed-by-strong-liquidity-and-growth-in-e-commerce-2020-12-30'][B]UPS Backed by Strong Liquidity and Growth in E-Commerce - NASDAQ[/B][/URL] We recently issued an updated report on [B]United Parcel Service, Inc. [/B][URL='https://www.nasdaq.com/market-activity/stocks/ups']UPS[/URL]. UPS has a strong balance sheet. The company exited the third quarter with cash and equivalents of $9,241 million, above the current maturities of long-term debt, commercial paper, operating and finance leases of $2,942 million. This suggests that it has enough cash to meet its current debt obligations. In this coronavirus-ravaged world, e-commerce is gaining momentum amid the social-distancing protocols, quarantine and lockdowns. Owing to the surge in residential delivery volumes and a strong outbound demand from Asia, UPS performed very well this year. Shares of UPS have gained 44.4% in a year compared with 64.2% growth of the [URL='https://www.zacks.com/stocks/industry-rank/industry/transportation-air-freight-and-cargo-186']industry[/URL]. [/QUOTE]
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The Latest UPS Headlines
UPS Backed by Strong Liquidity and Growth in E-Commerc
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