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UPS revenue surprisingly falls while profit tops expectations and dividend hiked, stock reverses higher

UPS revenue surprisingly falls while profit tops expectations and dividend hiked, stock reverses higher

MARKET PULSE Shares of United Parcel Service Inc. (UPS) edged up 0.3% in premarket trading Tuesday, reversing an earlier loss, after the package delivery giant reported fourth-quarter profit that topped expectations but revenue that surprisingly declined, and provided a downbeat full-year outlook.