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UPS CEO Defends Amazon Glide Down Decision, But Wall Street's Skeptical: Retail’s Busy Spotting Bottom-Fishing Opportunities
Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...
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 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 ...
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
UPS Reports Q4 Earnings Beat, Plans Cost-Cutting Amid Amazon Volume Decline
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
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UPS Records Worst Single-Day Performance; CWEB Compares Outlook with Competitors
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
Industrials Up Amid Mixed Earnings -- Industrials Roundup
Shares of industrial and transportation companies rose amid mixed earnings as companies with exposure to artificial-intelligence infrastructure outperformed more traditional factories. Caterpillar ...
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.