UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Stifel cuts UPS stock price target to $145 from $153, maintains Buy
Stifel analysts adjusted their outlook on UPS (NYSE:UPS) by reducing the price target to $145, down from the previous $153, while continuing to endorse the stock with a Buy rating. The revision ...
Video. Bodies recovered in Goma as M23 rebels take control
Video. Goma's streets saw bodies recovered as M23 rebels urged normalcy. President Tshisekedi promised a strong response. M23 ...
UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS targets $1B in savings through Efficiency Reimagined initiatives by 2025
CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase of 1.5% year-over-year, with operating profit rising 11.2% to $3.1B. U.S. domestic operating margin ...
Investing12h
UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
Investing.com - UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also ...
UPS Releases 4Q 2024 Earnings and Provides 2025 Guidance
UPS (NYSE:UPS) today announced fourth-quarter 2024 consolidated revenues of $25.3 billion, a 1.5% increase from the fourth ...
Royals agree with RHP Carlos Estévez on 2-year, $22M deal, person familiar with deal tells AP
The Royals and reliever Carlos Estévez have agreed to a two-year, $22 million contract, giving Kansas City another potential closer alongside Lucas Erceg, a person ...