UPS finishes strong, reports 28% drop in full-year profit
UPS said it finished 2009 "on a high note," reporting significant fourth-quarter improvement and closing out the year with a $2.15 billion profit, down 28.3% from the $3 billion earned in 2008. Full-year revenue fell 12% to $45.3 billion against a 10% cut in costs to $41.5 million. The company's...
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