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The Latest UPS Headlines
UPS delivers record earnings with rosy outlook, dividend hike; shares soar
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<blockquote data-quote="cheryl" data-source="post: 5158918" data-attributes="member: 1"><p><strong>UPS delivers record earnings with rosy outlook, dividend hike; shares soar - Reuters</strong></p><p></p><p>Logistics giant United Parcel Service Inc <a href="https://www.reuters.com/companies/UPS.N" target="_blank">(UPS.N)</a> forecast 2022 revenue above market expectations and boosted its dividend after posting record quarterly earnings on Tuesday, supported by higher shipping rates and demand from more profitable e-commerce customers.</p><p></p><p>Shares in the Atlanta-based company jumped 7% to $216.40 before the bell.</p><p></p><p>Under Chief Executive Officer Carol Tome, the world's largest parcel delivery firm has adopted a "better, not bigger" strategy, prioritizing lucrative deliveries over volume.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5158918, member: 1"] [B]UPS delivers record earnings with rosy outlook, dividend hike; shares soar - Reuters[/B] Logistics giant United Parcel Service Inc [URL='https://www.reuters.com/companies/UPS.N'](UPS.N)[/URL] forecast 2022 revenue above market expectations and boosted its dividend after posting record quarterly earnings on Tuesday, supported by higher shipping rates and demand from more profitable e-commerce customers. Shares in the Atlanta-based company jumped 7% to $216.40 before the bell. Under Chief Executive Officer Carol Tome, the world's largest parcel delivery firm has adopted a "better, not bigger" strategy, prioritizing lucrative deliveries over volume. [/QUOTE]
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