The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 for $800 million, the SEC said.
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
UPS has announced that it will be closing its Commerce City, Colorado facility on January 15 of next year, laying off 404 ...
United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the ...
The commission accused UPS of failing to follow generally accepted accounting principles, or GAAP, and “materially ...
UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the ...
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 ...
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