UPS will look to make acquisitions in next 12 months, Bloomberg reports
UPS' (UPS) CEO said the company was seeking to make acquisitions that would enhance its supply-chain and freight-forwarding units, Bloomberg reported. UPS will probably make several acquisitions in the next year, CEO Scott Davis said. Reference Link :theflyonthewall.com
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The UPS Board of Directors increased the regular quarterly dividend by 9.6% to 57c per share from 52c on all outstanding Class A and Class B shares. The dividend is payable March 7 to shareholders of record on Feb. 21. :theflyonthewall.com