U.S. ecommerce, price hikes lift UPS profit but shares fall on outlook
United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville, Kentucky, December 3, 2015. REUTERS/John Sommers II/File Photo/ SEATTLE/DETROIT (Reuters) - United Parcel Service Inc on Thursday reported a higher-than-expected quarterly net profit due to rising ecommerce deliveries but investors worried about the company's performance in the back-half of the year and shares fell 4 percent. ...
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