UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern ...
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic ...
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
Strategic Restructuring Fuels UPS Buy Rating Despite Amazon Volume Decline
Bernstein analyst David Vernon has maintained their bullish stance on UPS stock, giving a Buy rating yesterday.Invest with Confidence: Follow ...
UPS paid a big price for your Amazon deliveries
What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...
UPS slashing Amazon volume by 50% in push for profitability
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...