UPS - United Parcel Service, Inc.
| Previous Close | 122.56 |
| Open | 123.19 |
| Bid | 122.63 x 800 |
| Ask | 122.71 x 800 |
| Day's Range | 122.33 - 123.45 |
| 52 Week Range | 89.89 - 123.63 |
| Volume | 2,908,643 |
| Avg. Volume | 3,278,736 |
| Market Cap | 105.337B |
| Beta (3Y Monthly) | 1.44 |
| PE Ratio (TTM) | 22.39 |
| EPS (TTM) | 5.48 |
| Earnings Date | Oct 22, 2019 |
| Forward Dividend & Yield | 3.84 (3.13%) |
| Ex-Dividend Date | 2019-08-16 |
| 1y Target Est | 122.55 |
- Benzinga
UPS Paying $8.4 Million To Settle Overcharge Claims
UPS Inc (NYSE: UPS) has agreed to pay $8.4 million to resolve a civil dispute with the U.S. Government over allegations the company overcharged federal agencies for ground package deliveries. The U.S. Department of Justice (DOJ) claimed that between 2007 to 2014, UPS failed to provide the General Services Administration (GSA), the federal government's purchasing agency, with "lower prices that had been offered to another customer," which violates a price reduction clause in the contract and resulted in the government overpaying for delivery services. "Contractors are expected to carefully comply with the pricing requirements of GSA contracts and other federal contracts," Assistant Attorney General Jody Hunt said on Sept. 13, in announcing the settlement.
- Reuters
UPDATE 1-UPS to pay $8.4 million to resolve U.S. overcharging probe
United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies for package delivery services, the U.S. Justice Department said on Friday. The settlement resolves allegations that from 2007 to 2014, UPS failed to follow a General Services Administration (GSA) contract requiring it to provide agencies with certain agreed discounts, resulting in the government paying more than it should have for package deliveries, the government said. The Justice Department said there has been no determination of liability in the settlement that covers ground delivery service.
- Zacks
Will High Costs at Ground Unit Mar FedEx's (FDX) Q1 Earnings?
Investments toward improving efficiencies at FedEx's (FDX) Ground unit are likely to increase costs, which is a concern in first-quarter fiscal 2020.
- Zacks
Will Weak Express Unit Hurt FedEx's (FDX) Earnings in Q1?
The first-quarter fiscal 2020 results of FedEx's (FDX) largest revenue-generating unit are likely to be hurt by a drop in revenues from international priority packages.
- Zacks
UPS to Hire 100,000 Workers Expecting a Record Holiday Season
UPS expects daily package deliveries during the peak season to nearly double its per day average of 20 million.
- Benzinga
"When Rates Really Suck And Drivers Take It On The Chin"
Viscelli also called into question the benefits of digital freight matching platforms for independent contractors, arguing that the entrepreneurial benefits won't compensate for the heightened competition. "The history of the industry suggests really dense markets make the industry super competitive," said Viscelli, whose cheerful tone belied the critique he unspooled during a recent interview with FreightWaves.
- Zacks
FedEx Q1 Earnings Preview: Can FDX Stock Bounce Back After Amazon Breakup?
Let's see what to expect from the FedEx's upcoming first-quarter fiscal 2020 financial results, due out after the closing bell on Tuesday, September 17, to see if FDX stock might bounce back after its Amazon breakup.
- Yahoo Finance
Verishop takes on Amazon, says retail must embrace 1-day delivery
Online startup Verishop is ramping up the retail battle against Amazon.
- Benzinga
Air Cargo CEOs Among New US-UK Aviation Security Group
A new aviation security advisory group with authority to handle highly classified information affecting the trans-Atlantic market will include air cargo executives from private industry. The Transatlantic Aviation Industry Roundtable (TAIR) will serve as a forum in which DHS, its U.K. counterpart, private-sector companies and others in the aviation sector will meet regularly to discuss trans-Atlantic security issues, according to a U.S. Department of Homeland Security (DHS) notice to be published on Sept. 11.
- Market Realist
UPS Offers Nearly 100,000 Temp Jobs for the Holidays
United Parcel Service (UPS) is gearing up to handle the 2019 holiday season rush. The company has posted thousands of temporary jobs on its website.
- Benzinga
Amazon To Fly Two Freighters Of Relief Supplies For Dorian Survivors
Amazon.com Inc. (NASDAQ: AMZN) said Sept. 9 that its airline unit will operate two cargo flights as early as next week bound for areas of the Bahamas devastated by Hurricane Dorian. Two aircraft will be deployed, with each operating one flight from Tampa, FL, to Nassau, Amazon said. Supplies are being shipped from Amazon's fulfillment centers nationwide to a fulfillment center in Tampa.
- Zacks
The Zacks Analyst Blog Highlights: United Parcel, PetroChina, Honeywell, CME and HP
The Zacks Analyst Blog Highlights: United Parcel, PetroChina, Honeywell, CME and HP
- Reuters
Target plans to hire 130,000 employees for busy holiday shopping season
Retailer Target Corp said on Tuesday it was planning to hire 130,000 store employees for the holiday season, 10,000 more than last year, as it readies for a crucial shopping period when in-store and online orders surge. The holiday season, which includes Black Friday, Christmas and New Year shopping, marks the busiest time for retailers and records the most sales during the year. "It's critical we build the right team across our stores and supply chain to deliver an exceptional holiday experience for our guests during the busiest time of the year," Chief Human Resources Officer Melissa Kremer said.
- Barrons.com
Amazon’s Threat to UPS Could Be Exaggerated
Investors in transportation and logistics companies have been fearing the worst about e-commerce trends. One worry is that (AMZN) will deliver more of its own packages, stealing volume from traditional shipping companies. United Parcel Service (UPS) shares have fared better, up more than 24% year to date, but UPS stock is still down 1% over the past 12 months versus a 3% gain of the Dow.
- Moody's
Massachusetts Port Authority -- Moody's assigns A1 to BOSFUEL Project's (MA) Special Facilities Revenue Bonds, Series 2019A (AMT) and 2019B (Taxable); outlook is stable
Moody's Investors Service ("Moody's") has assigned an A1 to the BOSFUEL Project's $129.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019A (AMT) and $6.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019B (Taxable), issued by the Massachusetts Port Authority ("Massport") on behalf of BOSFUEL. The A1 rating is driven by the strength of the cost recovery framework supporting the bonds.
- Zacks
United Parcel Service (UPS) Gains As Market Dips: What You Should Know
United Parcel Service (UPS) closed the most recent trading day at $121.66, moving +1.32% from the previous trading session.
- Benzinga
UPS Hiring 100,000 Seasonal Workers For Peak, Expanding Access To Tuition Reimbursement Plan
UPS Inc. (NYSE: UPS) said Sept. 9 that it plans to hire approximately 100,000 full- and part-time seasonal employees to manage the expected surge in daily parcel volumes during the upcoming peak delivery season. In addition, UPS said it will expand access to its tuition reimbursement program for seasonal workers. Under the program, seasonal employees who are students and employed at UPS for three consecutive months will receive up to $1,300 to pay for tuition expenses.
- Zacks
Top Research Reports for UPS, PetroChina & Honeywell
Top Research Reports for UPS, PetroChina & Honeywell
- InvestorPlace
UPS Hiring 100,000 for 2019 Holiday Season
UPS hiring plans for 2019 will have it adding 100,000 seasonal workers.Source: Sundry Photography / Shutterstock.com UPS (NYSE:UPS) says that it is planning to beef up its workforce as it prepares to handle the massive influx of deliveries that comes with the holiday season. This has it looking to bring in additional employees to work through the months of November, December and January.According to UPS, it's seasonal jobs include both full-time and part-time positions. The company also notes that the seasonal work has the potential to become permanent. It notes that over the last three years 35% of seasonal employees have moved on to permanent jobs with the delivery company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe positions that are part of the UPS hiring spree mostly include package handlers, drivers and driver-helpers. However, there are other UPS jobs that may be available for seasonal employees.Students can also benefit from the UPS hiring. The company is willing to pay up to $1,3000 of college expenses for employees that work for the company for three months straight. This is in addition to the normal pay that these employees will receive. * 7 Stocks to Buy In a Flat Market UPS says that it is preparing for a heavy holiday season this year. The company is expecting to handle twice as many packages on a daily basis than what it normally does. It's normal load is 20 million packages per day.Anyone wanting to know more about the seasonal UPS hiring can follow this link. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term As of this writing, William White did not hold a position in any of the aforementioned securities.The post UPS Hiring 100,000 for 2019 Holiday Season appeared first on InvestorPlace.
- American City Business Journals
UPS to pay more despite holding steady on 100K for holiday hiring spree
UPS plans to again hire 100,000 seasonal employees to handle the winter holiday rush, but terms from the company's new labor contract will make this year's hiring spree a more sizable investment.
- GlobeNewswire
The UPS Foundation Commits $1 Million and Activates Disaster Relief Network to Support Immediate Needs and Long-term Recovery from Hurricane Dorian
Funding and in-kind transport of urgently needed supplies in motion to support impacted communities in The Bahamas and the U.S. The UPS Foundation, which leads the global citizenship programs for UPS (UPS), announced today it has engaged its network of preeminent relief organizations and committed $1 million for Hurricane Dorian relief efforts. UPS and The UPS Foundation are working with the non-profit and United Nations relief organizations to deliver urgently-needed humanitarian supplies and support to communities in The Bahamas and the U.S. east coast impacted by Hurricane Dorian.
- MarketWatch
UPS to hire 100,000 seasonal employees, same as last year
United Parcel Service Inc. said Monday it expects to hire 100,000 seasonal employees for the peak holiday shopping period, matching last year's plan. UPS said the it expects daily package deliveries during the peak season, which starts in November and extends through January, to be nearly double the average of 20 million packages delivered per day. UPS said over the last three years, about 35% of the seasonal package handler jobs were later hired in permanent positions. The stock, which ticked up 0.1% in premarket trading, has rallied 23.1% year to date through Friday, while the Dow Jones Transportation Average has gained 12.4% and the Dow Jones Industrial Average has advanced 14.9%.
- Reuters
UPS holiday hiring unchanged from last year amid retail job slump
United Parcel Service Inc plans to hire 100,000 holiday workers, the same number as last year, as a continued shedding of retail jobs hints at a softening in the U.S. consumer economy heading into the all-important Christmas shopping season. The world's biggest parcel delivery firm is among the first to announce its holiday hiring target, which landed on the heels of a Labor Department report showing continued malaise in retail employment, even as wage growth buoys consumer spending. UPS said it can use the same number of workers as last year because it has invested in technology to automate package sorting and shave miles (km) off delivery routes - but it is paying more to lure those seasonal package sorters, drivers and delivery assistants in a competitive job market.
- Yahoo Finance Video
UPS to hire 100,000 workers for holiday season
United Parcel Service is already recruiting for the upcoming holiday season. UPS announced plans to hire up to 100,000 part time workers for the 2019 season. They can earn between $14 to $30 an hour depending on the job. Last year UPS slightly exceeded its 100,000 hiring goal. And Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
