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Thursday’s Pre-Market: Here’s What You Need to Know Before the Market Opens
U.S. stock futures were mixed on Thursday as investors await data related to consumer prices. That data will...
Jun 10, 2021
UPS Releases 2023 Financial Targets and New ESG Targets; Shares Plunge 4.2%
United Parcel Service, Inc. (UPS), the largest global package delivery company and provider of supply chain management solutions,...
Jun 10, 2021
UPS Delivers A Blowout Quarter In 1Q
UPS (UPS) delivered a blowout quarter as the package delivery company posted a 27% year-on-year growth in 1Q...
Apr 28, 2021
Alphabet’s Wing Seeks FAA Permission To Expand Drone Operations – Report
According to a Wall Street Journal (WSJ) report, Wing Aviation, a subsidiary of Alphabet Inc., has requested approval...
Apr 26, 2021
UPS Plans To Acquire Beta Technologies’ Aircraft To Enhance Air Delivery Services
United Parcel Service, Inc. plans to acquire electric vertical takeoff and landing aircraft from Beta Technologies as it...
Apr 09, 2021
UPS Beats 4Q Revenue Estimates; Shares Jump 4.2%
UPS shares gained 4.2% in US morning trading as the logistics giant outperformed quarterly earnings driven by pandemic-led...
Feb 02, 2021
UPS To Divest Freight Business For $800M; Shares Rise 3%
United Parcel Service has agreed to sell its freight business to TFI International in a deal worth $800...
Jan 25, 2021
UPS Reaches Accord With Canadian Trade Union; Stock Up 43% YTD
United Parcel Service announced on Saturday that it has reached a five-year collective agreement with the majority of...
Nov 09, 2020
UPS Beats Q3 Estimates; Shares Plunge 9% On Margin Concerns
Shares of United Parcel Service fell 8.8% on Wednesday though the logistics company beat the Streets’ expectations for...
Oct 29, 2020
FedEx Or UPS: Which Stock Is Poised To Deliver Better Returns?
The pandemic-led slowdown in several businesses was expected to severely drag down FedEx and United Parcel due to...
Sep 20, 2020
UPS To Hire 100,000 Employees For Peak Holiday Season
United Parcel Service said it plans to hire more than 100,000 seasonal employees as it gears up for...
Sep 10, 2020
UBS Lifts United Parcel’s PT On ‘Favorable’ Pricing Environment
Shares of United Parcel gained 1.7% on Monday after UBS raised the stock’s price target to $162 (1.5%...
Aug 11, 2020
UPS Spikes 11% In Pre-Market As Quarterly Profit Surprises Investors
Shares in UPS (UPS) are soaring 11% in Thursday’s pre-market trading after the package delivery giant’s second-quarter earnings...
Jul 30, 2020
UPS: Can New CEO Improve Profit Margins in B2C Segment? Analyst Weighs In
Unlike other industries, the coronavirus’ impact on parcel delivery services has been more nuanced. The drop in volume...
Jul 13, 2020