UPS Projects Higher-than-Advertised Profits

January 18, 2010: Management spent last year crying that the company was losing money. But as Teamster Voice goes to press, the company has told investors that fourth quarter profits per share will be 12 to 29 percent higher than previously announced.

After taxes, UPS made $1.4 billion in profit in the first nine months of 2009 alone. Brown will announce its 2009 profit numbers on Feb. 2. TDU will post the info online at www.tdu.org.

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