UPDATE: UPS Q2 Profit Slips 4%
July 23, 2013 at 09:16 AM EDT
United Parcel Service (NYSE: UPS ) reported a 4% drop in its second-quarter profit. United Parcel Service's quarterly earnings fell to $1.07 billion, or $1.13 per share, from $1.12 billion, or $1.15 per share, in the year-ago period. Its revenue rose 1.2% to $13.51 billion. However, analysts were projecting a