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UPS shares surge; profit buoys full-year outlook

2015-07-28 22:12:49| Trucking - Topix.net

United Parcel Service Inc. jumped the most in almost four years after posting second-quarter earnings that beat analysts' estimates, buoyed by a new pricing system and operations outside the U.S. UPS also said it would reach the upper end of its profit forecast this year, helping send the shares to their biggest gain since August 2011. They were trading up 5.4 percent to $100.21 at 12:32 p.m. in New York.

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