UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
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UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
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 it is not the company’s most ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS Faces Strategic Reset Amid Amazon Volume Reduction Risk: Hold Rating Issued
Robert W. Baird analyst Colin Sebastian downgraded the rating on United Parcel (UPS – Research Report) to a Hold today, setting a price target ...
‘They’re going to miss him.’ Popular UPS driver retires after 38 years
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...