UPS Stock: Buy, Sell, or Hold?

02:44pm, Sunday, 04'th Feb 2024
A weakening economy and the aftermath of a protracted labor dispute negatively impacted UPS delivery volumes. Management is cutting costs, improving the underlying business, and preparing for growth i

Here's Why Shares in UPS Slumped This Week

08:50am, Friday, 02'nd Feb 2024
Investors were underwhelmed by management's guidance for 2024. UPS needs to recover lost volumes caused by the labor dispute last year.

11 Dividend Increases Expected In February 2024

12:40am, Thursday, 01'st Feb 2024
11 Dividend Increases Expected In February 2024
Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it was "cautiously optimistic" for demand this year even with macroeconomic uncertainty, as it increased capital spending by 10

UPS To Cut 12,000 Jobs

02:01pm, Tuesday, 30'th Jan 2024
Bloomberg Intelligence Lee Klaskow discusses the dip in UPS revenue and how the supply chains may have been the culprit. He joined Paul Sweeney and John Tucker On Bloomberg Radio.

UPS plans to cut 12,000 jobs

01:35pm, Tuesday, 30'th Jan 2024
UPS said it plans to cut 12,000 roles in 2024, making it the latest company to announce plans to reduce its workforce. Amazon, Google, Citigroup and others have already announced cuts.
UPS fourth-quarter 2023 earnings and revenues decrease year over year.
UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time management roles

Home Prices Decreased in November

12:01pm, Tuesday, 30'th Jan 2024
Pre-market futures are giving back some of the gains we've seen in the past few days of trading — ones which have pumped the Dow and S&P 500 to fresh all-time highs. At this hour, the Dow is -70 poi

GM Up on Q4 Beat & Raise; UPS, Pfizer Mixed

11:26am, Tuesday, 30'th Jan 2024
Aside from a cavalcade of earnings, Case-Shiller came in lower month over month and JOLTS are out after the open.

Revenue Miss Dents United Parcel Service Stock

11:23am, Tuesday, 30'th Jan 2024
United Parcel Service, Inc.   (NYSE:UPS) narrowly beat fourth-quarter earnings expectations, while revenue of 24.9 million missed the mark.
UPS announced that it will cut 12,000 jobs in 2024. CEO Carol Tomé is seeking to offset high labor costs and low package demand.
CEO Carol Tomé said the cuts are part of efforts to change how the company works, including using artificial intelligence and other new technologies.
Although the revenue and EPS for UPS (UPS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street es
United Parcel Service will slash 12,000 jobs and workers who survive the massive layoffs will be ordered to return to the office five days a week, the company said Tuesday. The Atlanta-based firm ann
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