Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
The weekly chart shows that the UPS share price peaked at $207 in 2022 as demand for shipping soared. It then started a ...
Today, FedEx (FDX) stock is trading at $247.34 and the company ... based on current pricing and global expansion strategies. UPS focuses more on the U.S. market, while FedEx has a broader ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow ... falling short of estimates by 0.5%.
In a pair of ratings moves this morning, Chicago's Loop Capital lowered its price target on UPS stock to $115, and maintained a hold rating on the stock. Loop also downgraded its rating on FedEx ...