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 that it isn't its most profitable ...
United Parcel (UPS) Receives a Rating Update from a Top Analyst
Raymond James analyst Patrick Brown maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $145.00.
Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
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.
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 ...
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 ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
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UPS Slips to Multi-Year Low Despite Q4 Earnings Beat: Should You Buy?
With United Parcel Service stock moving south, we asses the investment worthiness of the stock at current levels.