- United Parcel Service stock price today and history
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United Parcel Service stock price, UPS
United Parcel Service stock chart:
United Parcel Service close price: 105.77
Stock price forecast:
UP TO +1.07%
Total forecasts: 82
Reached: 11 (13.41%)
Total Win: 13.69 (12.20%)
Showing 1-10 of 525 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
United Parcel Service latest news:
UPS extending Saturday service, adding 6,000 jobs
United Parcel Service Inc. said Monday that it is extending ground service to Saturday in order to get e-commerce packages delivered one business day earlier than before. Packages previously delivered on Monday will now arrive on Saturday. And ground pickups on Saturday will allow for Monday delivery. The service change is taking place without an increased investment in vehicles or buildings, but the company is adding more than 6,000 new jobs by the end of 2018. The service extension had been tested in Atlanta, Philadelphia and Los Angeles in 2016. Service will be expanded in these cities in April and further expansion is taking place in 15 metro areas including New York, Chicago and Boston. The company expects nearly 4,700 cities and towns will have the service by November, in time for the holidays. More than 5,800 cities and towns will have it by next year. UPS shares are up 0.2% in premarket trading, and up 2.2% for the past year. The S&P 500 index is up 14% for the past year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Amazon to spend $1.49 billion on air cargo hub, fans talk of bigger ambitions
SAN FRANCISCO (Reuters) - Amazon.com Inc plans to invest $1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations it may one day opt to directly compete with FedEx Corp and United Parcel Service Inc.
Under Armour and UPS Skid; Thermo Fisher Jumps
Under Armour, United Parcel Service and Intel slip in U.S. trading, while Thermo Fisher Scientific and AmerisourceBergen rise
UPDATE 4-Pension charge causes UPS loss, ecommerce costs cause headache
CHICAGO, Jan 31 (Reuters) - Package delivery company United
Parcel Service Inc on Tuesday posted a quarterly loss
caused by a pension charge and said it would pull forward
investments to boost the profitability of its rising e-commerce
UPS's stock slumps after profit and sales miss, and downbeat outlook
United Parcel Service Inc.'s stock slumped 3.4% in premarket trade Tuesday, after the package-delivery giant missed fourth-quarter profit and sales expectations and provided a downbeat outlook. The company swung to a net loss of $239 million, or 27 cents a share, in the quarter to Dec. 31, from a profit of $1.33 billion, or $1.48 a share, in the same period a year ago. Excluding non-recurring items, including a $1.90-per-share mark-to-market pension charge, adjusted earnings per share came to $1.63, below the FactSet consensus of $1.69. Revenue rose 5.5% to $16.93 billion, but missed the FactSet consensus of $17.00 billion, with U.S. domestic package revenue rising 6.3% to $10.91 billion and international package revenue growing 5.0% to $3.34 billion. For 2017, UPS expects adjusted EPS of $5.80 to $6.10, below the FactSet consensus of $6.15. "The investments in ORION and automation provided benefits during the quarter," said CFO Richard Peretz. "However, bottom-line results were challenged by a shift in product mix and the continued softness in industrial production." The stock has run up 26% over the past 12 months through Monday, while the S&P 500 has gained 18%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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