united parcel service

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.

The Wall Street Journal on MSN · 10h

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.

Bloomberg on MSN · 1d

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.

MarketWatch · 1d

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,

Hosted on MSN · 1d

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.

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 ...

StockStory.org on MSN2d

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 ...

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.

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.

UPS Is Shedding Dead Weight, But It Might Not Be Enough

United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...

Hosted on MSN1d

United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops

Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...

22hon MSN

UPS Reducing Amazon Delivery Volume; Shares Slump on 2025 Revenue Hit

UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...

American Association of Individual Investors1d

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 ...

23hon MSN

United Parcel Service (UPS) Q4 2024 Earnings Call Transcript

I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor ...

Hosted on MSN4h

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 ...

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