UPS 2Q net profit down 4%

Credit: Rob Finlayson
United Parcel Service (UPS) posted a second-quarter net profit of $1.07 billion, down 4% from $1.12 billion in net income in the prior-year period, as total revenue grew slower than expenses. UPS generated second-quarter revenue of $13.51 billion, up 1.2% year-over-year, while expenses increased 1.8...

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