UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

The sharp decline was due to the decision to reduce business with its largest customer Amazon AMZN. To this end, UPS’ management announced that it has reached an agreement in principle with its ...

UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...

The financial analyst downgrade of UPS results from predicted revenue drops which will exceed 6% below market consensus during 2025 because of its struggles in a post-Amazon delivery market.

(Bloomberg) -- United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back ...

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

ATLANTA — The Atlanta-based UPS is pulling back from its relationship with Amazon. UPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.

Raymond James analyst Patrick Brown maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $145.00. The company’s shares opened today at $114.30.

The firm view UPS’s decoupling from Amazon (AMZN) as strategically right-minded in the long term. Nearer term, this “glide down” drives concern about execution risk, as parcel profit growth ...

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN) packages sent through its service. Earlier this week ...