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 (NYSE: UPS  ) is optimistic about future cash flows and share repurchases this year after reporting strong earnings for the fourth quarter.
• Chip maker ARM Holdings (Nasdaq: 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 (Nasdaq: INTC  ) as it attempts to steal customers from ARM in the mobile chip market.  
• Pfizer (NYSE: PFE  ) reported its first earnings since the patent expired on its leading drug, Lipitor.
• Drugmaker Eli Lilly (NYSE: LLY  ) also announced earnings, which saw a 27% drop in net income for the period. 

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