Key Developments: United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

104.06USD
21 Jul 2014
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$0.24 (+0.23%)
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Latest Key Developments (Source: Significant Developments)

United Parcel Service Inc Reaffirms FY 2013 EPS Guidance-Conference Call
Friday, 25 Oct 2013 08:30am EDT 

United Parcel Service Inc announced that for fiscal 2013, it remain confident of earnings-per-share (EPS) guidance in the range of $4.65 to $4.85 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $4.75 for fiscal 2013.  Full Article

United Parcel Service Inc Signs Deal With Koninklijke Ahold NV's Albert Heijn-DJ
Friday, 11 Oct 2013 01:22am EDT 

Dow Jones reported that United Parcel Service Inc has signed a contract with Koninklijke Ahold NV's Albert Heijn. The contract provides every supermarket of the chain with a Kiala collection point. With the deal UPS has doubled its collection points in the Netherlands to 1,400. Financial terms were not disclosed.  Full Article

United Parcel Service Inc Announces Quarterly Dividend
Thursday, 8 Aug 2013 04:30pm EDT 

United Parcel Service Inc announced that it has Board of Directors declared a regular quarterly dividend of $0.62 per share on all outstanding Class A and Class B shares. The dividend is payable September 4, 2013, to shareowners of record on August 19, 2013.  Full Article

Clean Air Power Ltd Announces Testing Agreement With United Parcel Service Inc
Thursday, 8 Aug 2013 02:00am EDT 

Clean Air Power Ltd announced that United Parcel Service, Inc. has agreed to provide in-use operation of its new Genesis EDGE Dual-Fuel for the Volvo D13 and MACK MP8 engines. UPS has been operating 9 Caterpillar C12 tractor units with Clean Air Power's Dual-Fuel system since 2002. They have each completed over 1 million miles. UPS has been operating 9 Caterpillar C12 tractor units with Clean Air Power's Dual-Fuel system since 2002. They have each completed over 1 million miles.  Full Article

United Parcel Service Inc Issues H2 2013 EPS Guidance In Line With Analysts' Estimates
Tuesday, 23 Jul 2013 02:45am EDT 

United Parcel Service Inc announced that for second half of 2013, it expects adjusted diluted earnings per share (EPS) growth of 4-13% over second half of 2012. The reported EPS of $1.06 for third quarter of 2012 and EPS of $1.32 for fourth quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.16 for third quarter of 2013, EPS of $1.43 for fourth quarter of 2013.  Full Article

United Parcel Service Inc Lowers FY 2013 EPS Guidance
Friday, 12 Jul 2013 08:30am EDT 

United Parcel Service Inc announced that it is reducing guidance for fiscal 2013 adjusted diluted EPS to a range of $4.65 to $4.85. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $4.98 for fiscal 2013.  Full Article

The Securities Arbitration Law Firm of Klayman & Toskes Files $800,000 Claim Against Merrill Lynch On Behalf Of Retired United Parcel Service Inc
Wednesday, 5 Jun 2013 10:34am EDT 

The Securities Arbitration Law Firm of Klayman & Toskes (K&T), announced that it filed a securities arbitration claim against Merrill Lynch on behalf of a retired United Parcel Service Inc (UPS) employee for losses sustained as a result of maintaining a concentrated, leveraged position in UPS stock. The claim seeks damages of $800,000. The suit was filed with the Financial Industry Regulatory Authority`s (FINRA) Office of Dispute Resolution. According to the Claim, the Claimant worked nearly 35 years with UPS and accumulated shares of the company through UPS` Employee Stock Purchase Plan and Managers Incentive Program which represented virtually his entire life savings. In addition to acquiring company stock, the Claimant opened a Hypothecation Loan whereby the UPS stock served as collateral. The Claimant`s UPS stock was held at Merrill Lynch which offered him the line of credit. While Merrill Lynch loaned the Claimant hundreds of thousands of dollars whereby his UPS stock served as collateral against the loan, Merrill Lynch failed to recommend risk management strategies for the concentrated position in UPS stock. Merrill Lynch and its financial advisor facilitated the unsuitable investment strategy of borrowing against a concentrated stock position without any risk management strategies in place. By failing to protect the concentrated position and/or recommend risk management strategies, the Claimant received collateral calls which triggered the sale of UPS stock.  Full Article

Securities Arbitration Law Firm of Klayman & Toskes Files $800,000 Claim Against Merrill Lynch on Behalf of Retired United Parcel Service Inc Employee
Saturday, 25 May 2013 09:00am EDT 

The Securities Arbitration Law Firm of Klayman & Toskes (K&T), announced that it filed a securities arbitration claim against Merrill Lynch on behalf of a retired United Parcel Service Inc employee for losses sustained as a result of maintaining a concentrated, leveraged position in UPS stock. The claim seeks damages of $800,000. The suit was filed with the Financial Industry Regulatory Authority`s (FINRA) Office of Dispute Resolution. According to the Claim, the Claimant worked nearly 35 years with UPS and accumulated nearly 19,000 shares of the company through UPS` Employee Stock Purchase Plan and Managers Incentive Program, which represented virtually his entire life savings. In addition to acquiring company stock, the Claimant opened a Hypothecation Loan whereby the UPS stock served as collateral. His UPS stock was held at Merrill Lynch which offered him the line of credit. While Merrill Lynch loaned the Claimant hundreds of thousands of dollars whereby his UPS stock served as collateral against the loan, Merrill Lynch failed to recommend risk management strategies for the concentrated position in UPS stock. Merrill Lynch and its financial advisor facilitated the unsuitable investment strategy of borrowing against a concentrated stock position without any risk management strategies in place. By failing to protect the concentrated position and/or recommend risk management strategies, the Claimant received margin calls which triggered the sale of shares of UPS stock.  Full Article

United Parcel Service Inc Announces Quarterly Dividend
Thursday, 2 May 2013 04:30pm EDT 

United Parcel Service Inc announced that the Board of Directors declared a regular quarterly dividend of $0.62 per share on all outstanding Class A and Class B shares. The dividend is payable May 29, 2013, to shareowners of record on May 13, 2013.  Full Article

United Parcel Service Inc Secures Five-Year Contracts
Thursday, 25 Apr 2013 09:15pm EDT 

United Parcel Service Inc announced that it has reached a tentative agreement with the International Brotherhood of Teamsters (Teamsters) on two, new five-year contracts in the small package and freight business units. The tentative contracts, which must be presented to the UPS Teamster-represented employees for ratification, were concluded well in advance of the July 31, 2013, expiration of the current contracts. Upon ratification, the new agreements will take effect on August 1, 2013.  Full Article

U.S. transportation stocks for the long haul

CHICAGO - As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry - particularly in an improving economy. Transportation stocks have proven to be long-haul winners and essential cogs in any growth portfolio.

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