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UPS meets 4Q profit forecasts

2015-02-03 15:29:45| Trucking - Topix.net

Higher spending to gear up for the crush of holiday-package deliveries pushed fourth-quarter profit down 61 percent at UPS, and the company gave a tepid outlook for 2015 earnings. The results were roughly in line with the lowered expectations that UPS set two weeks ago, when it warned that late-2014 profits would be disappointing.

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