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The Latest UPS Headlines
UPS Boosts 2011 Forecast as Overseas Shipping Fuels Profit
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<blockquote data-quote="cheryl" data-source="post: 830931" data-attributes="member: 1"><p><strong><a href="http://www.bloomberg.com/news/2011-04-26/ups-raises-full-year-profit-forecast-on-increase-in-global-shipping-demand.html" target="_blank">UPS Boosts 2011 Forecast as Overseas Shipping Fuels Profit - Bloomberg</a></strong></p><p></p><p>United Parcel Service Inc. (UPS), the world’s largest package-delivery company, raised its full-year profit forecast after increased international shipping demand pushed first-quarter earnings higher than analysts estimated. </p><p></p><p>Profit in 2011 will be $4.15 to $4.40 a share, compared with a February projection of $4.12 to $4.35, UPS said today in a statement. The average estimate from 26 analysts surveyed by Bloomberg was $4.25 a share.</p></blockquote><p></p>
[QUOTE="cheryl, post: 830931, member: 1"] [B][URL="http://www.bloomberg.com/news/2011-04-26/ups-raises-full-year-profit-forecast-on-increase-in-global-shipping-demand.html"]UPS Boosts 2011 Forecast as Overseas Shipping Fuels Profit - Bloomberg[/URL][/B] United Parcel Service Inc. (UPS), the world’s largest package-delivery company, raised its full-year profit forecast after increased international shipping demand pushed first-quarter earnings higher than analysts estimated. Profit in 2011 will be $4.15 to $4.40 a share, compared with a February projection of $4.12 to $4.35, UPS said today in a statement. The average estimate from 26 analysts surveyed by Bloomberg was $4.25 a share. [/QUOTE]
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