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UPS

United Parcel Service, Inc.

5/26/2013, 3:46 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
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| On the move

Friday, May 10, 11:24 AM The USPS lost $1.9B in Q1 of 2013 as Congress continues to fiddle with the agency burning through cash. The read-through to UPS (UPS +0.3%) and FedEx (FDX -0.4%) from the plight of the USPS is sometimes murky, but in general analysts think that if the USPS continues to raise rates while cutting services it will help maintain the pricing power of the two freight companies. 8 Comments [Consumer, U.S. Economy]
Friday, May 3, 9:02 AM United Parcel Service, Inc. (UPS) declares $0.62/share quarterly dividend, in line with previous. Forward yield 2.91%. For shareholders of record May 13. Payable May 29. Ex-div date May 09. (PR) Comment! [Dividends]
Friday, April 26, 6:37 AM UPS (UPS) agrees to a pair of agreements with the Teamsters union to cover its small package and freight business units. The five-year deals will go into effect on August 1 if ratified by the company's Teamsters employees. Comment! [Consumer]
Thursday, April 25, 8:00 AM More on UPS' (UPS) Q1: A strong performance from the company's e-commerce services helped boost post-holiday results, especially in the U.S. where daily package volume rose 4.4% Y/Y. Operating margin in the U.S. Domestic Package segment improved 70 bps to 13.1% while falling 130 bps in the International Package segment as customer shifted to lower-margin options. Full-year EPS guidance of $4.80 to $5.06 is reaffirmed. (PR) Comment! [Consumer, Earnings]
Thursday, April 25, 7:50 AM UPS (UPS): Q1 EPS of $1.04 beats by $0.02. Revenue of $13.43B misses by $0.04B. (PR) Comment! [Earnings, Breaking News]
Wednesday, April 24, 11:21 AM Cummins (CMI +2.3%) CEO Norm Linebarger is scheduled to appear tonight on Jim Cramer's CNBC show to discuss the national move to use more natural gas in transportation vehicles. UPS plans to increase the number of natural gas trucks in its fleet to 800 by the end of 2014, from 112 now, using engines developed by Cummins and Westport Innovations (WPRT +0.8%). 3 Comments [Energy, On the Move]
Wednesday, April 24, 8:50 AM Shares of FedEx (FDX) are up 1.6% premarket off of news that the company will provide air transport services for the USPS. The new contract to fly Express Mail and Priority Mail kicks in during October. Quick reaction to the deal: An obvious win for FedEx, but even more so considering UPS was expected to land 20% to 30% of the business. Comment! [Consumer, On the Move]
Wednesday, April 10, 12:53 PM The USPS decides not to end Saturday mail delivery this summer because the federal agency says language in the current budget plan passed by Congress won't allow the measure. For now, the losses will continue to bleed. 4 Comments [U.S. Economy]
Monday, April 8, 9:06 AM The waiting game: Don't expect the wheels of justice to turn swiftly for the appeal by UPS (UPS) of the EU rejection of its bid to buy TNT Express with the average appeal taking two years to get hashed out. At the moment, FedEx (FDX) has no interest in stepping in to buy European assets from UPS to make the deal palatable to regulators, but due to the long appeal process there's plenty of time for the company to reconsider. Comment! [Consumer, Global & FX]
Sunday, April 7, 10:49 PM UPS is challenging the European Commission's decision to block the company's proposed €5.16B purchase of TNT Express. The regulator's case was "factually and legally erroneous," according to a UPS spokesperson who spoke to Reuters. UPS abandoned the bid in January. Comment!
Thursday, April 4, 11:31 AM We're running out of stock. Corporate share buyback authorizations of $208B in Q1 are the strongest (as a % of capitalization) since Birinyi Associates began tracking the data in 1985. As a percent of capitalization, HD, UPS, AXP, and TXN - with authorizations of 13-18% of the float - lead the way. Next after AMEX in the recently green-lighted banks is BAC which plans to repurchase 3.8% of its shares. 7 Comments
Saturday, March 30, 9:28 AM UPS will pay $40M to settle a probe into its shipments on behalf of illicit online pharmacies and will set up a compliance program to prevent the illegal pharmacies from using its shipping services. The deal is the latest move in the U.S. government's crackdown on illegal sales of prescription painkillers. Comment! [Consumer]
Thursday, March 28, 10:10 AM FedEx vs UPS: Stephens initiates coverage on FedEx (FDX -0.2%) with an Overweight rating while lining up UPS (UPS -0.1%) at Equal-Weight. Based on the price targets, the firm sees 28% upside in FedEx while only a modest 5% gainer for UPS. Comment! [Consumer]
Sunday, March 24, 4:58 AM Airlines for America, a trade group that represents large carriers, has said that its members don't have any plans to cancel or postpone flights because of the expected closure of 148 air-traffic control towers. The FAA announced the closures on Friday as part of its program to save $627M because of sequestration. The cost cuts will also affect major airports such as Chicago's O'Hare, where controllers will be required to work fewer hours per month. 7 Comments [U.S. Economy, Consumer]
Thursday, March 21, 3:34 PM Congress votes to keep Saturday delivery of first-class mail by the USPS, although language in the spending measure easily allows the agency to alter the type of products it delivers. The development is expected to only have a minor read-through for FedEX (FDX -2.5%) due to its partnership with the USPS and an even smaller impact on rival UPS (UPS -1.1%). 6 Comments [Consumer]
Wednesday, March 20, 10:19 AM Shares of UPS (UPS -0.4%) slip just a bit after FedEx reports a disappointing quarter and issues soft guidance. Analyst Stephanie Link is looking to buy into any further weakness, noting UPS is a "lower expectation" stock. In the FDX vs. UPS debate, it's also apparent that at the moment FedEx's mix of express shipping to freight could be a positive. 1 Comment [Consumer]

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