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Actionable news in UPS: UNITED PARCEL SERVICE Inc CLASS B,

UPS CFO Peretz on the Current State of the Business

NEW YORK (TheStreet) --United Parcel Service (UPS) CFO Richard Peretz joined this afternoon's CNBC "Closing Bell" to discuss the bankruptcy of South Korean-based Hanjin Shipping, UPS as a technology company, and the potential use of drones for future deliveries.

The South Korean shipper Hanjin Shipping was responsible for handling 8% of all U.S. cargo, but has filed for bankruptcy. Peretz was questioned as to what, if any, impact this could have on UPS.

STOCKS TO BUY: TheStreet Quant Ratings has identified a...


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