United Parcel Service (UPS) reported its 4Q 2024 earnings while also providing 2025 guidance. However, market analysts such as UBS Group have lowered expectations for the UPS stock price. Legal notices are urging UPS stockholders who have suffered large losses to seek advice and file for their rights. Despite this, analysts still consider UPS as a strong buy. In fact, notable firms like KBC Group NV and Financial Partners Group LLC have recently acquired more shares of UPS. Additionally, UPS has announced a quarterly dividend for Q3 and Q2 2024. Furthermore, in Q12 2024, UPS started its business continuity training and announced plans to close at least 200 facilities. This shift is influenced by a transition to electric vans slowed by battery shortages and low supply. UPS has also made strategic decision in acquiring Bomi Group, a multinational healthcare logistics provider, to grow its healthcare logistics business. Yet, fiscal decisions like cutting 12,000 jobs to mandate return to the office five days a week have sparked talks of a potential strike among the Teamsters Union.
United Parcel Service Class B UPS News Analytics from Wed, 11 Feb 2009 08:00:00 GMT to Fri, 31 Jan 2025 19:51:58 GMT - Rating 2 - Innovation -5 - Information 5 - Rumor 6
