Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Warns of $3.8 Billion Cost If U.S. Backs Pension-Benefit Cut
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 2166978" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/articles/2016-04-28/ups-earnings-exceed-analyst-estimates-on-strong-u-s-results" target="_blank"><strong>UPS Warns of $3.8 Billion Cost If U.S. Backs Pension-Benefit Cut - Bloomberg</strong></a></p><ul> <li data-xf-list-type="ul"><strong>Treasury considers change to keep pension fund solvent</strong></li> <li data-xf-list-type="ul"><strong>Courier profit tops analysts' estimates on strong U.S. results</strong></li> </ul><p>United Parcel Service Inc. warned it may have to take a charge of as much as $3.8 billion related to a potential pension-fund obligation.</p><p></p><p>The cost would be triggered if the U.S. Treasury Department approves benefit cuts to protect the solvency of the Central States Pension Fund, UPS executives said Thursday. UPS pulled out of the fund in 2007 but agreed to make up any losses its remaining members experienced.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2166978, member: 1"] [URL='http://www.bloomberg.com/news/articles/2016-04-28/ups-earnings-exceed-analyst-estimates-on-strong-u-s-results'][B]UPS Warns of $3.8 Billion Cost If U.S. Backs Pension-Benefit Cut - Bloomberg[/B][/URL] [LIST] [*][B]Treasury considers change to keep pension fund solvent[/B] [*][B]Courier profit tops analysts' estimates on strong U.S. results[/B] [/LIST] United Parcel Service Inc. warned it may have to take a charge of as much as $3.8 billion related to a potential pension-fund obligation. The cost would be triggered if the U.S. Treasury Department approves benefit cuts to protect the solvency of the Central States Pension Fund, UPS executives said Thursday. UPS pulled out of the fund in 2007 but agreed to make up any losses its remaining members experienced. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Warns of $3.8 Billion Cost If U.S. Backs Pension-Benefit Cut
Top