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United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UPS reports Q1 earnings per share $1.32
Thursday, 27 Apr 2017 07:45am EDT 

April 27 (Reuters) - United Parcel Service Inc ::UPS generates 6.2% revenue growth and increases Q1 eps to $1.32.Q1 earnings per share $1.32.Quarterly revenue $15,315 million versus $14,418 million.Q1 earnings per share view $1.29, revenue view $15.17 billion -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 adjusted earnings per share view $5.80 to $6.10.FY2017 earnings per share view $5.94 -- Thomson Reuters I/B/E/S.Says for U.S. domestic segment, reports Q1 2017 revenue of $9.54 billion versus $9.08 billion.Says for U.S. domestic segment, reports Q1 2017 operating profit of $1.08 billion versus $1.10 billion.Says for U.S. domestic segment in Q1 2017 revenue increased $451 million over Q1 2016 as B2C deliveries rose.Quarterly international segment operating profit $529 million versus $574 million.Quarterly international segment revenue $3,058 million versus $2,914 million.2017 adjusted diluted EPS guidance includes more than $400 million, or $0.30 per share of pre-tax currency headwinds.  Full Article

UPS reports Q1 earnings per share $1.32
Thursday, 27 Apr 2017 07:45am EDT 

April 27 (Reuters) - United Parcel Service Inc ::UPS generates 6.2% revenue growth and increases Q1 eps to $1.32.Q1 earnings per share $1.32.Quarterly revenue $15,315 million versus $14,418 million.Q1 earnings per share view $1.29, revenue view $15.17 billion -- Thomson Reuters I/B/E/S.For U.S. domestic segment, reports Q1 2017 revenue of $9.54 billion versus $9.08 million.For U.S. domestic segment, reports Q1 2017 operating profit of $1.08 billion versus $1.10 billion .For U.S. domestic segment in Q1 2017, revenue increased $451 million over Q1 2016 as B2C deliveries rose.Quarterly international segment operating profit $529 million versus $574 million.Quarterly international segment revenue $3,058 million versus $2,914 million.Reaffirms FY 2017 adjusted earnings per share view $5.80 to $6.10.2017 adjusted diluted EPS guidance includes more than $400 million, or $0.30 per share of pre-tax currency headwinds.FY2017 earnings per share view $5.94 -- Thomson Reuters I/B/E/S.  Full Article

UPS says Teresa Finley, chief marketing, business services officer, is retiring
Tuesday, 25 Apr 2017 09:00am EDT 

April 25 (Reuters) - United Parcel Service Inc ::Teresa Finley, chief marketing and business services officer, announces retirement.UPS says Teresa Finley, chief marketing and business services officer, is retiring.  Full Article

UPS appoints Juan Perez as Chief Information and Engineering Officer
Monday, 24 Apr 2017 03:00pm EDT 

April 24 (Reuters) - United Parcel Service Inc ::UPS names Juan Perez Chief Information and Engineering Officer.Aligns Critical Technology and Engineering teams in one organization.Forms Advanced Technology Group to develop new solutions for customers and UPS operations.Mark Wallace will continue to lead global engineering and sustainability as a member of company's executive management committee.  Full Article

UPS- under agreement from March 28, underwriters agreed to purchase $142.1 mln aggregate principal amount of floating rate senior notes due 2067
Friday, 31 Mar 2017 05:14pm EDT 

United Parcel Service Inc :UPS- under agreement from March 28, underwriters agreed to purchase $142.1 million aggregate principal amount of floating rate senior notes due 2067.  Full Article

UPS expands China-Europe rail service
Tuesday, 28 Mar 2017 09:30am EDT 

United Parcel Service Inc : Ups expands china-europe rail service .Ups - addition of six stations to its preferred full and less-than-container load multimodal rail service between europe and china.  Full Article

UPS found liable after NY cigarette shipments trial, damages to be determined later
Friday, 24 Mar 2017 04:06pm EDT 

U.S. Judge Rules Against United Parcel Service : In New York lawsuit over alleged illegal shipments of cigarettes -- court ruling . Judge says New York State, New York City are entitled to compensatory damages and monetary penalties in amounts to be determined . Judge says UPS violated its obligations under a 2005 agreement governing cigarette shipments . Judge says plaintiffs are not entitled to injunctive relief or the appointment of a monitor . Decision issued by U.S. District judge katherine forrest in manhattan, following a non-jury trial.  Full Article

UPS CEO David Abney's 2016 total compensation $13.7 mln vs $11.3 mln in 2015
Monday, 13 Mar 2017 05:58pm EDT 

Ups : Ups - ceo david p. Abney's 2016 total compensation was $13.7 million versus $11.3 million in 2015 - sec filing .Cfo richard peretz's fy 2016 total compensation was $5.1 million - sec filing.  Full Article

UPS says will build new regional operations hub in Salt Lake City
Thursday, 23 Feb 2017 09:30am EST 

United Parcel Service Inc : UPS- will build a new regional operations hub in salt lake city . UPS - when completed in late 2018, new 840,000 square foot facility will process 69,000 packages per hour .UPS says Salt Lake facility a $275 million project.  Full Article

UPS announces long-term financial targets, logistics expansion plan
Tuesday, 21 Feb 2017 10:15am EST 

United Parcel Service Inc : UPS accelerates transformation of its smart logistics network . Announced plans to expand its U.S. Delivery and pickup schedule to include six days for ground shipments . Highlights for 2018 and 2019 long-term financial targets include revenue growth 4% to 6% over period . Highlights for 2018 and 2019 long-term financial targets include adjusted diluted earnings per share up 5% to 10% . Will offer Saturday delivery options to largest metropolitan areas and has started rollout throughout U.S. .Highlights for 2018, 2019 long-term financial targets include planning $1 billion to $1.8 billion in annual share repurchases.  Full Article

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UPS first-quarter profit tops estimates as revenue rises

United Parcel Service Inc reported a higher-than-expected quarterly net profit on Thursday as revenue grew across its domestic and international package delivery segments and as well as freight and supply chain operations.