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Analyst Delivers Downgrade on UPS Stock
UPS Stock Is Downgraded. Amazon News Weighs Heavily.
In its fourth-quarter earnings report, United Parcel Service dropped a bombshell on investors, announcing that its Amazon.com business would be cut in half over the coming 18 months and sending the stock to its worst one-day drop on record.
Analyst Delivers Downgrade on UPS Stock after Move to Cut Amazon Volumes
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN)
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.
9h
‘Control of Our Destiny’: UPS Braves Blowback Over Amazon Break
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
1d
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 that it isn't its most profitable ...
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 ...
3h
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.
1d
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
6h
UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
StockStory.org on MSN
1d
United Parcel Service (UPS) Stock Trades Down, Here Is Why
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak ...
6h
16 of 23 industrial stocks deliver EPS wins this week - Earnings Scorecard
The Industrial Sector (XLI) was in focus during the week as investors digested earnings reports from major firms including ...
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