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The Latest UPS Headlines
UPS Profit Tops Estimates on Higher Rates
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<blockquote data-quote="cheryl" data-source="post: 893407" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2011-10-25/ups-quarterly-earnings-top-analysts-estimates-amid-higher-shipping-rates.html" target="_blank"><strong>UPS Profit Tops Estimates on Higher Rates - Bloomberg</strong></a></p><p></p><p>UPS sales rose 8 percent to $13.2 billion, topping the mean estimate of $13.1 billion from 17 analysts. Average revenue per package increased in all the company’s segments, led by a 12 percent gain for intra-country shipments outside the U.S.</p><p></p><p>The company said it repurchased more than $1.1 billion of its stock during the quarter. So far this year, UPS has bought back 31.7 million shares for about $2.2 billion.</p></blockquote><p></p>
[QUOTE="cheryl, post: 893407, member: 1"] [URL="http://www.bloomberg.com/news/2011-10-25/ups-quarterly-earnings-top-analysts-estimates-amid-higher-shipping-rates.html"][B]UPS Profit Tops Estimates on Higher Rates - Bloomberg[/B][/URL] UPS sales rose 8 percent to $13.2 billion, topping the mean estimate of $13.1 billion from 17 analysts. Average revenue per package increased in all the company’s segments, led by a 12 percent gain for intra-country shipments outside the U.S. The company said it repurchased more than $1.1 billion of its stock during the quarter. So far this year, UPS has bought back 31.7 million shares for about $2.2 billion. [/QUOTE]
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