The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
IBM ( IBM) was the best-performing stock in the Dow and S&P 500 when the computer services provider beat profit estimates as ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026.
Bernstein analyst David Vernon has maintained their bullish stance on UPS stock, giving a Buy rating yesterday.Invest with Confidence: Follow ...
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...