UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
UPS shares tumbled on Thursday after the shipping giant said it would slash Amazon deliveries by more than half. CEO Carol ...
UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second half ...