UPS 1Q profit up 14 percent to more than $1 billion

April 28, 2015 12:34 PM

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UPS 1Q profit up 14 percent to more than $1 billion

ATLANTA (AP) — UPS says its first-quarter earnings rose 14 percent to $1.03 billion, as price increases helped offset the effect of the strong U.S. dollar on overseas revenue.

The earnings beat Wall Street expectations, but revenue was less than expected.

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