The driver (for beating the estimate) is the additional revenue falling to the bottom line from the fuel surcharge. It (earnings per share) is a strong number any way you look at it. |
The earnings implications are probably immaterial, but perception of UPS as a new economy supply chain information provider is real. |
The upside to the quarter was driven by strong cost control and benefit from its fuel surcharge, |
There will be relatively few shares sold, ... And UPS still has $1 billion left over from the IPO to repurchase shares on the open market to support the price if need be. |
These people are like family. |
This will be very positive for UPS over the long term, ... This is not material to earnings per share during the next few years, but over time it will be an important growth engine. It is also important to UPS because of the validation of the political time and effort they spent in winning support on Capital Hill for these slots. |
This will be very positive for UPS over the long term. This is not material to earnings per share during the next few years, but over time it will be an important growth engine. It is also important to UPS because of the validation of the political time and effort they spent in winning support on Capital Hill for these slots. |
We are rating UPS 'attractive,' ... Our price target on this stock is $70; it's at about $56 right now. |
We continue to believe that the president is under some pressure not to appear anti-labor, and thus will probably not intervene until sometime next week at the earliest, ... But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which increasingly appears to be at risk the longer the port disruption continues. |
We continue to believe that the president is under some pressure not to appear anti-labor, and thus will probably not intervene until sometime next week at the earliest. But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which increasingly appears to be at risk the longer the port disruption continues. |
We continue to believe that the President is under some pressure to not appear anti-labor, and thus will probably not intervene until some time next week at the earliest, ... But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which appears to increasingly be at risk the longer the port disruption continues. |
We continue to believe that the President is under some pressure to not appear anti-labor, and thus will probably not intervene until some time next week at the earliest. But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which appears to increasingly be at risk the longer the port disruption continues. |
We continue to believe that the President will invoke his authority under the Taft-Hartley Act and order union members back to work in the event for a strike, ... Individual members of Congress from West Coast states appear to be taking a more aggressive position, and have been actively calling or writing the ILWU and PMA to encourage the parties to at least extend the current contract, which would minimize the risk of a complete work stoppage. |
We continue to believe that the President will invoke his authority under the Taft-Hartley Act and order union members back to work in the event for a strike. Individual members of Congress from West Coast states appear to be taking a more aggressive position, and have been actively calling or writing the ILWU and PMA to encourage the parties to at least extend the current contract, which would minimize the risk of a complete work stoppage. |
We continue to believe that while domestic express volumes may be close to a bottom, ground volumes, (international express shipments) and especially yields are several quarters away from bottoming, |