UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Domestic Margins Advancing, but Amazon Relationship to Glide Down Materially
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
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 ...
Hold Rating on UPS Amid Strategic Shifts and Market Uncertainties
In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic ...
Britain’s move towards renewable energy could deliver up to 725,000 new jobs
ENERGY Secretary Ed Miliband’s plans for Net Zero may be facing scrutiny, but there’s no doubt the renewable energy industry ...
Earnings call transcript: Calix Q4 2024 misses EPS forecast, stock surges
Calix Inc . (NYSE:CALX) reported its fourth-quarter 2024 earnings on January 29, 2025, revealing a slight miss in earnings per share (EPS) compared to forecasts but exceeding revenue expectations. The ...