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Stock Market & Financial Investment News

News Breaks
June 6, 2014
07:21 EDTUPSUPS names COO Abney as new CEO
The UPS board announced that it has named David Abney, currently the company's COO, as its new CEO and appointed him to the board. Scott Davis, who has served as the company's chairman of the board and CEO since 2008, will retire from UPS and will assume the role of non-executive Chairman. Both moves are effective September 1. Prior to becoming COO, Abney served as president of UPS International where he led the expansion of the company's global logistics capabilities.
News For UPS From The Last 14 Days
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April 14, 2015
07:10 EDTUPSAviation Week to hold a conference
MRO Americas 2015 is being held in Miami Beach on April 14-16.
April 12, 2015
13:45 EDTUPSUPS to invest $1.06B in Europe expansion, Reuters says
According to a report in German magazine Wirtschaftswoche, UPS (UPS) plans to invest over $1B in Europe to expand its package delivery network, says Reuters. Last week UPS rival FedEx (FDX) announced its intention to acquire TNT Express (TNTEY) for EUR 8.00 per share. Reference Link

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