“This was not their ask, this was us. This was UPS (UPS) taking control of our destiny,” UPS Chief Executive Officer Carol Tome said.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPS:
- Morning Movers: UPS and Cigna plunge double digits following Q4 results
- UPS CEO says if had not accelerated Amazon glide-down, would be capping margin
- JPMorgan expects UPS to materially underperform on accelerated Amazon glide-down
- UPS down 15% as cut to Amazon volume accelerates
- UPS CEO says ‘became clear’ momentum could be lost if challenges not faced