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United Parcel Service Inc

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  • UPS to charge by size for U.S. ground packages Tuesday, 17 Jun 2014 | 9:20 AM ET

    June 17- United Parcel Service Inc, the world's biggest package delivery company, said it will start charging by size of packages for all ground services in the United States, as it looks to offset rising fuel costs. Rival FedEx Corp announced a similar pricing plan along with an increase in fuel surcharge in May.

  • Why Uber's $17 billion valuation is justified Monday, 9 Jun 2014 | 12:06 PM ET
    The Uber driver app on the windshield of Uber taxi, April 4, 2014, in Washington.

    The $17 billion valuation of taxi service Uber was eye-popping, but here's why it's justified, says Michael Yoshikami.

  • UPS names Operating Chief David Abney as its new CEO Friday, 6 Jun 2014 | 12:39 PM ET

    UPS said its board of directors named David Abney, the company's current chief operating officer, as its new CEO. He was appointed to the board.

  • June 6- The incoming head of United Parcel Service Inc said on Friday the world's largest parcel delivery company will continue investing to build capacity in emerging markets and to expand its services, especially in healthcare, its fastest-growing segment after e-commerce.

  • Want work? Try nukes, where workforce is aging out Friday, 6 Jun 2014 | 9:54 AM ET
    Another lab at GlobalFoundries' Malta plant

    Hiring for two new SCE&G reactors underscores the need for replacing retiring nuclear workers in next several years.

  • June 6- United Parcel Service Inc, the world's largest parcel delivery company, named David Abney chief executive to replace Scott Davis who will retire to become non-executive chairman. Both moves are effective Sept. 1. UPS shares closed at $103.62 on the New York Stock Exchange on Thursday.

  • UPS appoints David Abney CEO Friday, 6 Jun 2014 | 8:07 AM ET

    June 6- United Parcel Service Inc, the world's largest parcel delivery company, said it had named David Abney chief executive. Scott Davis, who has been CEO and chairman since 2008, will retire and be the company's non-executive chairman. Both moves are effective Sept. 1, UPS said.

  • Early movers: UPS, GPS, AIG, PNRA, MW, BAC & more Friday, 6 Jun 2014 | 7:32 AM ET

    Some of the names on the move ahead of the open.

  • Cramer: Meager advance appears mighty bullish Tuesday, 27 May 2014 | 6:11 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Although stocks climbed modestly on Tuesday, dig down into the market and Cramer says you’ll find fundamentally bullish developments.

  • *Deutsche Post aims to help European clients expand in e-commerce. BERLIN, May 23- Deutsche Post is aiming to tap an expected surge in online shopping in developing countries by offering clients in its main European markets a service that can deal with shipping and red tape, as well as delivering to a customer's door.

  • Who has worst password security? New study says... Tuesday, 20 May 2014 | 5:30 PM ET

    Even after the Heartbleed bug, some of the most popular websites aren't taking password security seriously, according to a study.

  • Oops! UPS delivers government drone to civilian Tuesday, 6 May 2014 | 6:45 PM ET

    Somehow, an unsuspecting civilian received parts of a NOAA drone delivered by UPS, NBC News reports.

  • A chip shot to grow jobs in upstate New York Friday, 2 May 2014 | 10:35 AM ET
    GlobalFoundries campus in Malta, N.Y.

    Taking advantage of tax incentives, chipmaker GlobalFoundries opened its first U.S. plant in New York and created 2,200 jobs.

  • UPS ratifies new five-year labor agreement Thursday, 24 Apr 2014 | 5:02 PM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, said on Thursday it ratified a five-year contract with higher wages and benefits for 125,000 unionized employees represented by the International Brotherhood of Teamsters.

  • Amazon's next target? Its own delivery network Thursday, 24 Apr 2014 | 3:13 PM ET
    Amazon Fresh trucks at a warehouse in Inglewood, Calif.

    The retailer is testing its own delivery network in San Francisco.

  • UPDATE 2-UPS profit falls as brutal winter raises costs Thursday, 24 Apr 2014 | 12:18 PM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to increased overtime and transport costs related to a colder-than-usual winter in the United States.

  • Early cheer goes up in smoke after earnings blitz Thursday, 24 Apr 2014 | 10:16 AM ET
    Traders work the floor of the New York Stock Exchange

    Investors liked what they saw in Facebook and Apple, but Wall Street fell after a slew of earnings and data couldn't sustain the bounce.

  • UPDATE 1-Severe winter dampens UPS's 1st-qtr profit Thursday, 24 Apr 2014 | 8:49 AM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a colder-than-usual winter the United States. Rival FedEx Corp also blamed the harsh weather for weak third-quarter results in March and cut its fiscal-year profit forecast.

  • Early movers: GM, CAT, AMZN, UPS & more Thursday, 24 Apr 2014 | 8:07 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPS's quarterly profit hurt by severe winter Thursday, 24 Apr 2014 | 8:00 AM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a severe winter in the United States. The company's net income fell to $911 million, or 98 cents per share, in the first quarter ended March 31, from $1.03 billion, or $1.08 per share, a year earlier.