The recent happenings in and around United Parcel Service, Inc. ('UPS') have been varied and frequent. The company has announced its quarterly dividend for Q3 2024 and has been pointed out as one of the best dividend stocks to invest in presently. Principal Financial Group and the Financial Partners Group have reported purchasing shares of the company. The company has also been keeping its 125,000 seasonal workers safe and healthy. UPS recently announced plans to close its Commerce City, Colorado facility while indicating future intentions to close about 200 facilities. However, this is accompanied by a forecast of revenue growth above estimates, due to cost cuts and margin growth. The company is also venturing into generative AI to improve customer service. Some red flags include multiple law firms urging stockholders with significant losses to contact them for rights' information. The company also faces allegations of bias towards women while the Supreme Court recently reinstated a pregnancy discrimination suit against UPS dating back to 2015.
United Parcel Service Class B UPS News Analytics from Wed, 25 Mar 2015 07:00:00 GMT to Thu, 26 Dec 2024 12:23:09 GMT - Rating -4 - Innovation 6 - Information 5 - Rumor -3
