UPS

UPS After the mkt closed, UPS announced they were hiking their dividend from 38cts to 42 cts and also raising their share buyback to $2.0 billion. This is positive for UPS and it is higher in the after market. I am a fan of UPS based on continuing globalization which should benefit FDX and UPS. For the best explanation of this thought, check out Thomas Friedmans book, The World is Flat.