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UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
Friday, January 31, 2025 - 2:16pm | 532United Parcel Service, Inc. (NYSE:UPS) reported its fourth-quarter results on Thursday and announced a plan to reduce its Amazon.com, Inc. (NASDAQ:AMZN) package volume by more than 50% by the second half of 2026. The announcement comes as part of a set of strategic initiatives UPS launched to drive...
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Drop Off Your Old Gig, Pick Up This Pay Package: UPS Drivers Make $170K Under New Deal
Tuesday, August 29, 2023 - 4:28pm | 638The International Brotherhood of Teamsters union reached a deal with United Parcel Service Inc (NYSE: UPS) last month to create more full-time jobs for workers and raise wages. UPS CEO Carol Tomé says the deal could boost pay and benefits to an average...
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UPS And Teamsters Seal The Deal, Ensures $170,000 Per Year For Drivers The Next 5 Years
Tuesday, August 22, 2023 - 5:22pm | 483The Teamsters union on Tuesday announced that it ratified a landmark five-year collective bargaining agreement with the United Parcel Service, Inc. (NYSE:UPS), marking one of the most significant labor accords in the company’s history. What Happened: After months-long negotiations and looming...
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UPS, Teamsters Union Reach Agreement, Avoiding Potentially Disastrous Strike
Tuesday, July 25, 2023 - 12:31pm | 481The Teamsters union reached a deal with United Parcel Service Inc (NYSE: UPS) in what the package delivery company is calling a "win-win-win agreement." What Happened: The International Brotherhood of Teamsters, which represents approximately 330,000 UPS employees...
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If The Drop In Demand Is Real, Why Is UPS Handling It So Much Better Than FedEx?
Sunday, October 30, 2022 - 4:41pm | 848After FedEx (NYSE: FDX) released its earnings for the fiscal first quarter last month, investors began to pay close attention to the transportation giant’s performance as a possible gauge for the state of the general economy. Several analysts cut the company’s price target as management...
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Why UPS Shares Are Trading Higher Today
Tuesday, April 26, 2022 - 8:28am | 210United Parcel Service Inc (NYSE: UPS) shares are trading higher Tuesday after the company reported better-than-expected financial results. UPS said first-quarter revenue increased 6.4% year-over-year to $24.4 billion, which beat the $23.79 billion estimate. The company reported quarterly...
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Why UPS Shares Are Moving Higher Today
Tuesday, February 1, 2022 - 10:21am | 230United Parcel Service Inc (NYSE: UPS) is trading higher Tuesday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates. UPS reported quarterly adjusted earnings of $3.59 per share, which beat the $3.10 estimate. The company...
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UPS Blows Away Estimates With Stunning Second-Quarter Results
Thursday, July 30, 2020 - 10:17am | 539United Parcel Service Inc. (NYSE: UPS) reported second-quarter results before the market opened on July 30 that exceeded analysts' estimates by a wide margin. Adjusted diluted earnings per share (EPS) surged to $2.13, up 8.7% quarter-on-quarter and more than doubling the median estimates by...
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Cramer To Trump: Listen To Home Depot CFO's Comments On Trade
Wednesday, August 21, 2019 - 10:04am | 466Home improvement retailer Home Depot Inc (NYSE: HD) could be seen as the "perfect microcosm for the U.S. economy," and the Trump administration should be paying close attention to what its executives have said, CNBC's Jim Cramer said during Tuesday's "Mad Money." What...
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Home Depot CFO Explains How It Services Millennials
Wednesday, July 24, 2019 - 9:33am | 397While many assume millennials are lazy and entitled, Home Depot Inc (NYSE: HD) CFO Carol Tomé says the demographic group made up the largest group of first-time homebuyers last year. Millennials Are Customers Too The reputation of millennials living with their parents indefinitely...
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Despite Strength, Home Depot Shares Are 'Nearly Full Valuation'
Friday, December 16, 2016 - 10:29am | 322Seth Basham of Wedbush maintains a Neutral rating on shares of Home Depot Inc (NYSE: HD) with a $145 price target after chatting with the company's CEO Craig Menear and chief financial officer Carol Tome during a meeting with the sell-side community. While Basham stated that he left the meeting...
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Home Depot CFO Says They Were Surprised By Contractors
Friday, February 27, 2015 - 12:42pm | 282Home Depot Inc (NYSE: HD) this week reported strong results for the fourth quarter, beating all estimates and raising its quarterly dividend. Chairman, CEO and President Craig Menear commented, “We had a strong finish to the year, as strength across the store, the recovering U.S....
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Home Depot Appoints New President, Possible CEO Successor
Monday, March 3, 2014 - 5:09pm | 480Home Depot (NYSE: HD) announced last week that Craig Menear has been name the president of U.S. retail. Menear joined the company in 1997 as a merchandising manager in the Southwest Division. He was most recently the executive vice president of merchandising, where he handled a throng of...
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Despite Rate Worries, the Housing Market Looks Good to Home Depot and Lowe's
Wednesday, November 20, 2013 - 5:21pm | 1108To hear Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) talk about the housing market, things are pretty healthy and likely to get stronger. If they're right, an improving market should bode well for the economy and, of course, for both companies. The question is how strong the housing market...