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UPS Pressroom News
UPS Releases 4Q 2020 Earnings
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<blockquote data-quote="Up In Smoke" data-source="post: 4764648" data-attributes="member: 79702"><p>Charges for pensions, sale of Overnight and MTM pre tax left UPS with a net loss of 3 billion dollars for the 4th quarter. Domestic profits sunk again while International rose 3%. Supply chain tanked but the good news is the company is now rid of most of it's burdensome financial commitments. Would have been nice to hear about guidance, Cap x and share buy backs, but no company is currently doing that. The stock should see good times ahead even as we lose market share to Amazon and others.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 4764648, member: 79702"] Charges for pensions, sale of Overnight and MTM pre tax left UPS with a net loss of 3 billion dollars for the 4th quarter. Domestic profits sunk again while International rose 3%. Supply chain tanked but the good news is the company is now rid of most of it's burdensome financial commitments. Would have been nice to hear about guidance, Cap x and share buy backs, but no company is currently doing that. The stock should see good times ahead even as we lose market share to Amazon and others. [/QUOTE]
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