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SEC hits UPS with $45M fine for material misstatements
The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...
UPS will pay $45 million in fines with SEC settlement
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
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Is UPS Stock Worth a Bet on Its Industry-Beating Dividend Yield?
United Parcel Service UPS offers a current dividend yield of 4.8% compared with the industry’s 3.5%. The transportation ...
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UPS Agrees to $45M Settlement With SEC Over Valuation Claim
The commission accused UPS of failing to follow generally accepted accounting principles, or GAAP, and “materially ...
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UPS announces plans to close Commerce City, Colorado facility as Teamsters head meets with top Republicans
UPS has announced that it will be closing its Commerce City, Colorado facility on January 15 of next year, laying off 404 ...
UPS Seeks Quick Ruling to End Safety Agency Heat Stress Searches
United Parcel Service Inc. has asked a judge for a speedy decision to permanently block OSHA from implementing heat-stress ...
Barclays ups its 2025 year-end S&P 500 target to 6,600
The equity research team at Barclays has raised its 2025 year-end target for the S&P 500 (SP500), noting that despite some slowdowns in macro conditions, there still remains substantial upside ...
UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale
UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI. The post UPS hit with SEC fine ...