UPS Posts Huge 4th Quarter Earnings
Atlanta-based United Parcel Service (UPS) announced diluted earnings per share of $0.75 for the fourth quarter of 2009, above the company's original guidance of $0.58 to $0.65 per share, due in large measure to strong performance by its international segment. That segment saw volume growth, a substantial gain in operating profit and improvement to a 16.7 percent operating margin.
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