Previous Close | 148.63 |
Open | 149.14 |
Bid | 0.00 x 900 |
Ask | 0.00 x 1800 |
Day's Range | 146.32 - 149.97 |
52 Week Range | 133.68 - 197.80 |
Volume | |
Avg. Volume | 4,430,200 |
Market Cap | 125.94B |
Beta (5Y Monthly) | 1.05 |
PE Ratio (TTM) | 18.95 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 6.52 (4.42%) |
Ex-Dividend Date | Feb 16, 2024 |
1y Target Est | N/A |
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United Parcel Service (UPS) has agreed to a contract with the United States Postal Service (USPS) to become its primary air cargo provider. FedEx (FDX) is the current provider but claimed in a regulatory filing that it could not reach mutually beneficial terms to extend its contract. Yahoo Finance Anchors Brad Smith and Jared Blikre break down why FedEx stepping away from the agreement could be a potential positive for the company. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Nicholas Jacobino
3M was the biggest gainer while Home Depot was the biggest loser on the Dow Jones Industrial Average Monday.
The U.S. Postal Service has tapped United Parcel Service as its primary partner for moving cargo by air, replacing FedEx which had provided the service for more than two decades. The new contract between UPS and USPS will begin in late September and run through at least March 2030, the Postal Service said Monday. Under the agreement, UPS will handle domestic air transportation for USPS’s first-class mail, priority mail express, and priority mail.