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Warning UPS about excessive capex and buybacks, Moody’s downgrades outlook to negative
If UPS sticks to its capex and buyback plans—which exceed projections for free cash flow—the parcel carrier may have to…
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Moody’s lifts ratings on more than $3B of XPO Logistics debt
Rating agency Moody’s Investors Service said it upgraded its ratings on about $3.2 billion debt issued by XPO Logistics, Inc.,…
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