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 reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.
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 Plunges 16% On Weak Revenue Forecast, Amazon Cutback
United Parcel Service, Inc. (UPS) shares dropped 16.84 percent to $111.25 during Thursday morning trading after the company projected
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
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 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 ...
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 ...
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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 ...
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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 ...
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 ...
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 ...
Why UPS Stock Is Plunging Today
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...
United Parcel (UPS) Gets a Buy from UBS
UBS analyst Thomas Wadewitz maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $170.00. The ...
United Parcel Service Inc. Cl B stock rises Monday, outperforms market
United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.
Indian stock market: 10 key things that changed for market overnight before Economic Survey - Gift Nifty to US GDP
Gift Nifty was trading around 23,441 level, a premium of nearly 23 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.