UPS Preps for Share Buybacks
At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- UPS (NYS: UPS) is optimistic about future cash flows and share repurchases this year after reporting strong earnings for the fourth quarter.
- Chip maker ARM Holdings (NAS: ARMH) also showed up big with a 40% climb in pre-tax profit for its fourth quarter. In the year ahead, ARM faces competition from tech giant Intel (NAS: INTC) as it attempts to steal customers from ARM in the mobile chip market.
- Pfizer (NYS: PFE) reported its first earnings since the patent expired on its leading drug, Lipitor.
- Drugmaker Eli Lilly (NYS: LLY) also announced earnings, which saw a 27% drop in net income for the period.
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At the time this article was published Fool contributor Tamara Rutter does not own shares of any companies mentioned in this video series. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Intel and United Parcel Service. Motley Fool newsletter services have recommended buying shares of Intel and Pfizer. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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