“United Parcel Service Inc. (UPS) reduced the top end of its 2012 profit forecast after posting third- quarter earnings that matched analysts’ estimates, buoyed by a gain in U.S. package volumes and international exports.
Full-year profit will be in a range of $4.55 to $4.65 a share, the Atlanta-based company said today in a statement. That compared with a previous projection of $4.50 to $4.70 a share. Analysts had estimated 2012 earnings would be $4.55 a share, based on a Bloomberg survey.”
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