UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
United Parcel (UPS) Receives a Rating Update from a Top Analyst
In a report released today, Jason Seidl from TD Cowen reiterated a Hold rating on United Parcel (UPS – Research Report), with a price target of ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops
Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
United Parcel Service Inc (NYSE:UPS) shares are trading lower after the company reported mixed fourth-quarter results. UPS ...
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Evercore ISI Remains a Hold on United Parcel (UPS)
In a report released yesterday, Jonathan Chappell from Evercore ISI maintained a Hold rating on United Parcel (UPS – Research Report), with a ...