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Logistics giant United Parcel Service Inc forecast 2022 revenue above market expectations and boosted its dividend after posting record quarterly earnings on Tuesday, supported by higher shipping. | February 1, 2022 ....
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UPS shares fall as investors fret over post-pandemic growth plan 06/09/2021 18:04 (Reuters) -United Parcel Service Inc shares fell as much as 6% on Wednesday as the company known for delivering everything from Amazon.com packages to coronavirus vaccines forecast disappointing post-pandemic U.S. margins. UPS shares have nearly doubled over the last year - fueled by surging pandemic-related shipments of everything from food and furniture to medical masks and vaccines. They pared losses to trade down 4.6% at $200.19 on Wednesday afternoon after falling as low as $197. That came as analysts pressed executives on how UPS will maintain momentum as demand moderates, pandemic surcharges roll off, and competitors - including its No. 1 customer, Amazon.com Inc - rise. ....