UPS profit surges 90%

[DOGS THAT BARK]

By Andria Cheng, MarketWatch
NEW YORK (MarketWatch) - Package-delivery giant UPS Inc. said Thursday that its second-quarter profit surged 90%, helped by gains in the U.S. and growth in Asia and other international markets. The company also raised its outlook for the year.
Quarterly net income jumped to $845 million, or 84 cents a share, from $445 million, or 44 cents a share, in the year-earlier period. Revenue rose 13% to $12.2 billion.
UPS /quotes/comstock/13*!ups/quotes/nls/ups (UPS 62.83, +2.82, +4.70%) boosted its full-year profit forecast, excluding items, to $3.35 to $3.45 a share.


---flip side US post office who has never had a profit is on schedule to lose 7 billion.

Can't wait for the projected profits from gov ran healthcare to kick in :SIB

 

[Lumi]

This would mean a raise in the postage stamp to .50 cents and maybe a hostile takeover of UPS by Barry?

UPS loves our company, but I still can't get tickets to the race from the assholes :shrug: :mj07:

 

[DOGS THAT BARK]

This would mean a raise in the postage stamp to .50 cents and maybe a hostile takeover of UPS by Barry?

UPS loves our company, but I still can't get tickets to the race from the assholes :shrug: :mj07:

I'm loading up on those forever stamps before increase hits. Can't believe they don't have em in rolls. I use em a lot as too lazy to walk over to postage meter unless over one stamp.

 

[Lumi]

I'm loading up on those forever stamps before increase hits. Can't believe they don't have em in rolls. I use em a lot as too lazy to walk over to postage meter unless over one stamp.

Be careful if you stockpile those forever.... anythings...