There's been a flurry of activity concerning United Parcel Service, Inc. (UPS). Notably, Atomi Financial Group and Principal Financial Group are among those who have bolstered their stock positions in the company. Additionally, shareholder Merit Financial Group LLC and Financial Partners Group LLC also showing active investment. On the legal front, multiple law firms including Rosen Law Firm and Bronstein, Gewirtz & Grossman LLC are advising UPS stockholders about potential class action lawsuits. Meanwhile, UPS has initiated business continuity training and successfully forecast its 2026 revenue above estimates due to margin growth and cost cuts. However, the company is also planning to cut 12,000 jobs. Other notable developments include quarterly dividend announcements for Q3 and Q2 2024, the acquisition of multinational healthcare logistics provider Bomi Group, and the completion of its 4Q 2021, 4Q 2022 and 4Q 2023 earnings. In terms of labor relations, UPS managed to stave off a strike by reaching a tentative agreement with its Teamsters union;
United Parcel Service Class B UPS News Analytics from Wed, 11 Feb 2009 08:00:00 GMT to Wed, 22 Jan 2025 11:15:23 GMT - Rating 4 - Innovation 5 - Information 7 - Rumor -2
