UPS third-quarter profit rises 80.5% to $991 million

UPS posted third-quarter net income of $991 million, up 80.5% from a $549 million profit in the year-ago period, on a 9.3% rise in revenue to $12.19 billion. "These are impressive results considering the slow recovery of the US economy," CFO Kurt Kuehn told analysts and reporters. He added that only...

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