United Parcel Service Stock News

Stocks Analysis by Zacks Investment Research covering: United Parcel Service Inc, Air Transport Services Group Inc. Read Zacks Investment Research''s latest article on Investing.com

The stocks making the biggest moves in premarket trading include AT&T, AMC Entertainment, UPS, and more.

Futures Reverse Gains As Nail-biting Volatility Enters February World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters even though US futures failed to extend recent gains. After closing out January with a furious two-day, dip-buying meltup thanks to a flood of inbound month-end rebalancing, US index futures briefly traded through Mondays highs, backed by decent rally in European equities where financials outperformed, boosted by solid UBS earnings, before dipping lower as the volatility seen in past days lingered. At 7:00am ET, emini S&P futures traded 0.23%, or 10.5 points lower, Nasdaq futures were also red, some 31 points or 0.15% lower, and Dow futures dropped 0.2% as investors weighed cautious rate-hike commentary from Fed officials and awaited earnings from firms including Alphabet and General Motors. Treasuries climbed and the dollar weakened. Oil fell, but held close to seven-year highs.

UPS also is raising its quarterly dividend to $1.52 a share, up from $1.02.

United Parcel Service posted stronger-than-expected fourth quarter earnings Tuesday, while boosting its planned dividend, as rebound in global traffic lifted the group''s top and bottom line.

UPS (NYSE:UPS) declares $1.52/share quarterly dividend, 49% increase from prior dividend of $1.02.Forward yield 3.01%Payable March 10; for shareholders of record Feb. 22; ex-div Feb.

UPS press release (UPS): Q4 Non-GAAP EPS of $3.59 beats by $0.49.Revenue of $27.77B (+11.5% Y/Y) beats by $700M.Shares +2% PM.For FY2022, the company expects consolidated revenue…

UPS (NYSE:UPS) is scheduled to announce Q4 earnings results on Tuesday, Feb. 1, before market open.

Key Events This Week: ECB, BOE, Payrolls, Euro CPI And Earnings Galore It''s a relatively busy week with several key central bank announcements, notably from the ECB and BOE, as well as European CPI updates and the US payrolls report on Friday. Starting with the ECB, Deutsche Bank economists now expect a policy rate liftoff in December 2022 of 25bps, a view apparently shared by the market this morning. Theyre also anticipating a faster pace of tightening, with 25bp hikes in the deposit rate per quarter from December 2022, until rates reach +0.5% in September 2023. In terms of what it means for this February meeting, they write in their preview that they expect the slow, step-by-step pivot to exit will continue. Their view is that President Lagarde will reiterate the ECBs capacity to act once the inflation criteria in the rates guidance are met, whilst at the same time differentiating the needs of the Euro Area from the US. The other central bank decision that day is from the Bank of England, where expectations are for the BoE to follow up their December rate hike with another 25bps increase, taking the Bank Rate to 0.5%.

US Futures Start The Week With More Wild Swing In Another Volatile, Illiquid Session After a rollercoaster week that ended just barely higher following a late meltup on Friday, overnight volatile US stock futures swung to start the week, with Nasdaq 100 futures leading gains after rallying on Friday, before turning red and threatening to fizzle a global equity rally amid persistent worries over the Federal Reserve’s plan to hike interest rates this year. Emini S&P futures were down 0.5% or 21 points to 4401, after rising as high as 4437 and dropping as low as 4395 in another extremely illiquid session where China being offline for the week due to Lunar New Year did not help; Nasdaq futures were down 0.1% while Dow futures were lower 0.7%. Technology stocks led gains on the Stoxx Europe 600. Meanwhile, the dollar fell and oil rallied. As investors reconcile to a hawkish U.S. central bank coupled with strong earnings, the expensive parts of the U.S. stock market are undergoing a valuation re-rating along with the bond markets.

If Unrest Soars In America Will Looters Be Shot? Authored by Bruce Wilds via Advancing Time blog, An interesting question to ponder centers on social unrest and whether those with the job to protect property would follow orders if told to shoot looters. Of course, the type of violence I''m alluding to extends far beyond anything we have seen in America or most western countries. Why people loot and how governments react is the issue. You can call it martial law if you like, but whatever name you place on it, those holding the power and the guns make the final decision. Progressive leaders in some areas are no longer treating theft of $950 or less as felonies but as misdemeanors. This has led to a wave of smash-and-grab robberies. How do you stop this sort of growing social disorder from getting out of hand? Of course, the flaw in thinking you can create a goon squad to control the masses is that your enforcers may begin to sympathize with those they are employed to suppress. Considering how the military is moving towards more automated weapons that kill, it is difficult to think these weapons will not eventually find their way into law enforcement.

After markets close Monday, one chipmaking giant is reporting earnings. We''ll also hear from four two energy giants and two other companies popular with it investors on Tuesday morning.

US Airline Lobbying Group Warns Of ''Catastrophic Disruptions'' Upon 5G Rollout The Federal Aviation Administration (FAA) cleared a large portion of the U.S. commercial plane fleet for ultra-low visibility landing at half of the U.S. airports affected by the upcoming rollout of 5G. However, a top airline lobbying group warned the 5G rollout could unleash severe economic consequences for commercial and cargo airlines. An FAA statement , released Sunday, said Boeing 737, 747, 757, 767, MD-10/-11 and Airbus A310, A319, A320, A321, A330 and A350 models had been approved to perform low-visibility landings (this represents about 45% of America''s commercial fleet). The agency also approved two radar altimeter models that will not be disrupted by the 5G band from cellular towers. The remaining airports will be heavily impacted by 5G frequencies and could cause airlines to delay or cancel flights based on weather. The FAA has requested AT&T and Verizon, which plan to turn on their 5G towers on Dec. 19, to create buffer zones for six months around 50 airports where transmitters are nearby. "Even with these new approvals, flights at some airports may still be affected.

Looters Raid Union Pacific Trains In Los Angeles, Searching For Amazon And UPS Packages California leads the way in transitioning the US into what could be considered a third-world country. Progressive leadership in the state has lowered theft of $950 or less from felonies to misdemeanors, allowing for a wave of smash-and-grab robberies. Organized retail crime gangs no longer target large department and or boutique stores , snatching high-value merchandise from shelves but instead raid containers double stacked on train cars. "A section of the Union Pacific train tracks in downtown Los Angeles has been littered with thousands of shredded boxes, packages stolen from cargo containers that stop in the area to unload," CBS Los Angeles reported Thursday evening. CBSLA photojournalist John Schreiber tweeted shocking videos of torn-apart packages by looters after they raided containers. Many of the boxes on the ground were from Amazon and UPS. Keep hearing of train burglaries in LA on the scanner so went to #LincolnHeights to see it all.

Photos and videos showing piles of empty boxes littered alongside rail tracks in Los Angeles County, California have gone viral as shipping companies say they''ve seen a dramatic spike in railroad theft. Some of the boxes are packages from companies like UPS, Amazon and FedEx.