|Bid||117.870 x 100|
|Ask||117.890 x 200|
|Day's Range||117.400 - 118.230|
|52 Week Range||102.120 - 120.800|
|PE Ratio (TTM)||28.98|
|Dividend & Yield||3.32 (2.81%)|
|1y Target Est||N/A|
Tom Forte, D.A. Davidson and Co.; and Keith Schoonmaker, Morningstar, discuss the news that Amazon is testing its own delivery service to rival FedEx and UPS.
Oct.05 -- Amazon is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan. Bloomberg's Spencer Soper reports on "Bloomberg Markets."
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to United Parcel Service, Inc. Here are 5 ETFs with the largest exposure to UPS-US. Comparing the performance and risk of United Parcel Service, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
The rise of e-commerce spurred by Amazon.com Inc. (AMZN) has rattled retail and grocery cages including the likes of Wal-Mart (WMT), Macy’s (NYSE: M), Target (TGT), Kroger (KR) and Best Buy (BBY). Chandler-based logistics company OnTrac is hiring more than 700 new workers to help keep up with growth and the influx of packages from e-commerce purchases. OnTrac provides small parcel logistics and shipping serves in eight Western states including California, Nevada, Arizona, Oregon, Washington, Utah, Idaho and Colorado.
That is according to analysts at Credit Suisse and in a report from TheStreet.com. Amazon has more than 5,000 employees in the Phoenix market at fulfillment centers in Chandler, Phoenix and Goodyear as well as a technology center.
The Zacks Analyst Blog Highlights: HSBC, United Parcel Service, General Motors, Netflix and Monsanto
It’s another one of those “don’t judge an article by its title” moments. FedEx Corporation (NYSE: FDX ) plunged 2 percent Thursday on “overstated” headlines reporting increased competition from Amazon.com, ...
Amazon’s ability to become a third-party logistics provider further drives its goal of being the dominant retailer, if not the dominant business, worldwide. Shares of shipping leaders United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) fell on the news, though FDX stock has recovered most of its early losses. Like a number of recent moves, notably Amazon’s acquisition of Whole Foods, the delivery service on its own doesn’t radically change Amazon’s near-term earnings or fundamental valuation.
Fundamentally speaking, FedEx Corporation (NYSE:FDX) is reasonably priced with a price-to-earnings ratio of 20x. This is true when you consider that it pays a dividend and it is a consistent performer. Furthermore, I like its financial metrics better than those of United Parcel Service, Inc. (NYSE:UPS).
Share of UPS and FedEx fell, but pared earlier losses, after Bloomberg reported Amazon was testing a new business-to-consumer delivery service.
We reported some news on Thursday about Amazon.com Inc.’s new experimental delivery service called Seller Flex. It entails Amazon taking greater control over the final mile of delivery from the warehouses ...
Amazon's decision to take on FedEx and UPS is an example of the e-commerce and cloud firm overreaching to battle businesses that it views as competitors.
Stocks that moved substantially or traded heavily Thursday: Constellation Brands Inc., up $8.07 to $209.25 The beer and wine maker raised its profit forecast after it reported strong quarterly sales. Biogen ...
UPS and FedEx could soon be facing a major new player in the delivery service world: Amazon. Bloomberg News reports that Amazon.com Inc. (NASDAQ: AMZN) is dipping its toe in the waters of longtime partners ...
Amazon is testing another home delivery service, which could intensify competition with partners FedEx and UPS.
With its singular focus on taking a cut of all economic activity, it was a matter of time before Amazon.com Inc. turned its gunships on the trillion-dollar logistics sector. Atlanta — a supply chain hub and contender for Amazon's $5 billion second headquarters — is helping the Internet behemoth make inroads into that space. Seattle-based Amazon (AMZN) is experimenting with a new delivery service, dubbed “Seller Flex”, that would give it greater visibility into the warehousing and delivery operations of its merchant partners, help squeeze costs, incorporate new technologies and better control the customer service experience.
Shares of FedEx Corporation (NYSE: FDX ) and United Parcel Service Inc. (NYSE: UPS ) are holding up relatively well on Thursday after Bloomberg reported Amazon.com, Inc. (NASDAQ: AMZN ) is testing its ...