United Parcel Service, Inc. (NYSE:UPS) has been right in the center of several events. There has been a trimming of positions by
TCW Group Inc., and some shares have been acquired by
Janus Henderson Group PLC and
Financial Partners Group LLC. Meanwhile,
Wellington Management Group LLP sold their shares. Shareholders with large losses are being urged to contact
Rosen Law Firm for information about their rights. Both
Bragar Eagel & Squire, P.C. and
Levi & Korsinsky, LLP have issued alerts and deadlines to investors who may have suffered losses due to UPS.
Bronstein, Gewirtz & Grossman LLC have also announced a similar alert. UPS continues to issue a
quarterly dividend and has extended its record of shareholder returns for 25 years. Furthermore, UPS is dealing with a class-action suit by shareholders and is in the midst of on-going negotiations with the
Teamsters union. Despite the turbulence, their earnings in 4Q 2023 were positive, with better-than-expected revenue in 2026 due to cost cuts and margin growth. In strategic moves, UPS is planning to close at least 200 facilities and has begun business continuity training. They have also acquired the multinational healthcare logistics provider,
Bomi Group.
United Parcel Service Class B UPS News Analytics from Mon, 15 Jun 2015 07:00:00 GMT to Wed, 11 Dec 2024 13:57:19 GMT -
Rating -4
- Innovation 3
- Information 8
- Rumor -3
