UPS 2nd quarter earnings climb over 18 percent
UPS has reported an 18.2percent gain in net income for the second quarter on a 7.8percent increase in revenue with strong growth in its global small package business. In addition, the company raised its future guidance and expects full year 2004 earnings growth to approach 20percent.
Previously, the company’s guidance called for 2004 earnings at the upper end of a 12-to-18percent range.
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