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Brown Cafe UPS Forum
UPS Union Issues
conference call
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<blockquote data-quote="kingOFchester" data-source="post: 1111838" data-attributes="member: 11246"><p>Back to the call. hall said the reason UPS wants a lower plan and have us pay a portion is because of the liability. UPS presented Hall with documentation showing how company provided healthcare shows up as a liability. </p><p></p><p>Stock prices are affected by assets vs liabilities. Stockholders and fund managers valuate companies based on the assets vs liabilities, commonly known as debt-to-equity ratio. hall eluded to the fact that if the Teamsters takes over the healthcare for us, it would not be a liability for UPS. He stated this was the "creative solutions" mentioned in the March 8th update.</p><p></p><p>I am not sure how an obligation to give Teamsters X amount of money to provide healthcare avoids that money be designated as a liability. Anyone care to analyze this?</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1111838, member: 11246"] Back to the call. hall said the reason UPS wants a lower plan and have us pay a portion is because of the liability. UPS presented Hall with documentation showing how company provided healthcare shows up as a liability. Stock prices are affected by assets vs liabilities. Stockholders and fund managers valuate companies based on the assets vs liabilities, commonly known as debt-to-equity ratio. hall eluded to the fact that if the Teamsters takes over the healthcare for us, it would not be a liability for UPS. He stated this was the "creative solutions" mentioned in the March 8th update. I am not sure how an obligation to give Teamsters X amount of money to provide healthcare avoids that money be designated as a liability. Anyone care to analyze this? [/QUOTE]
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