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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 profitable customer.
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 business it does with Amazon over the next 18 months.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
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 agreement that would cut its business with Amazon.com Inc., its largest customer,
UPS slides after cutting business with its largest customer by 50%
United Parcel Service (NYSE:UPS) fell sharply in early Thursday trading after the company posted a mixed Q4 earnings report. The Atlanta-based transportation company reported revenue increased 1.6% year-over-year to $25.
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1h
Baird Downgrades United Parcel Service (UPS)
Fintel reports that on January 31, 2025, Baird downgraded their outlook for United Parcel Service (NYSE:UPS) from Outperform ...
1d
UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
2h
on MSN
16 of 23 industrial stocks deliver EPS wins this week - Earnings Scorecard
The Industrial Sector (NYSEARCA:XLI) was in focus during the week as investors digested earnings reports from major firms ...
2h
on MSN
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.
StockStory.org on MSN
2d
United Parcel Service (UPS) Q4 Earnings Report Preview: What To Look For
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what ...
1d
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.
5h
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.
American Association of Individual Investors
1d
Why United Parcel Service, Inc.’s (UPS) Stock Is Down 14.11%
United Parcel Service, Inc.’s UPS share price has dipped by 14.11%, which has investors questioning if this is right time to ...
3d
United Parcel Service: The End Of Correction Seems Reached (Technical Analysis)
United Parcel Service's financials stabilized, with recent quarters showing revenue and net income growth. Read why UPS stock ...
48m
‘Control of our destiny’: UPS braves blowback over Amazon break
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
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