United Parcel Service (UPS) has appointed Brian Dykes as its new executive vice president and chief financial officer. He will assume his new responsibilities with immediate effect. As CFO, he will oversee UPS' financial strategies and lead the global finance organization, managing planning, treasury, tax, financial reporting, financial operations and investor relations.The 46-year-old Dykes has been associated with UPS for a quarter of a century. Since April 2023, he has been serving as the senior vice pre ...

United Parcel Service (UPS) closed the latest trading day at $134.28, indicating a -0.92% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%.Prior to today's trading, shares of the package delivery service had lost 1.56% over the past month. This has was narrower than the Transportation sector's loss of 2.17% and lagged the S&P 500's gain of 4.34% in that time.Investors will be eagerly watching fo ...

bunhill The stock market is cyclical-any long-term investor will tell you that. Equities go through economic and financial cycles, and as a result, they are sometimes overvalued and undervalued. The dividend yield is a good measure of comparative valuation. We discuss three stocks whose yields exceed 4%. They have historically yielded much less, suggesting that they are undervalued. We discuss United Parcel Service, Inc. (UPS), T. Rowe Price Group, Inc. (TROW), and Eversource Energy (ES). All three equities ...

valentinrussanov/iStock via Getty Images It seems like my newsfeed is constantly littered with articles and updates stating that the market has reached new-highs, and while that may be exciting for some, it can be frustrating for those of us who are looking to find reasonably priced opportunities. In my regular series for John and Jane, there isn't as much need to find new investment opportunities as there is for someone like me who is 35 years old and has a goal of being able to retire at some point. T ...

United Parcel Service (UPS) closed the most recent trading day at $135.83, moving -1.68% from the previous trading session. This change lagged the S&P 500's daily gain of 0.09%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.3%.Shares of the package delivery service have appreciated by 2.78% over the course of the past month, outperforming the Transportation sector's loss of 1.91% and lagging the S&P 500's gain of 3.38%.The investment community will ...

The package delivery giant's stock came under pressure this year, but some good news from its rival is giving cause for optimism.An analyst at Evercore ISI recently lowered the price targets of UPS (UPS -1.42%) and FedEx (FDX -1.70%) ahead of the latter's fourth-quarter 2024 earnings report. Evercore's earnings estimates for both companies decreased over concerns about declining domestic demand.FedEx's recent earnings are now in. Given what was reported, does Evercore's price target cut from $157 to $142 fo ...

The package delivery giant expects its profit to increase dramatically as 2024 progressesFor UPS (UPS -3.06%) shareholders and potential investors, the year 2024 is poised to be a tale of two halves. While the first half is likely to show evidence of a profit decline, the second half promises a significant upswing.This potential for high returns in the latter part of the year should inspire optimism in those two investing cohorts about UPS' future as a stock.UPS is on a wild ride in 2024Here's a summary of ...

United Parcel Service (UPS) is gearing up with its business operations. To this end, the company announced that it had inked a deal to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion.RXO is a Charlotte, NC-based transportation and logistics company.Although the deal amount is less than what UPS paid to buy Coyote Logistics from Warburg Pincus in 2015, the deal is expected to help UPS focus on its core businesses by letting out resources to build new services and solutions to meet cl ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

In the latest trading session, United Parcel Service (UPS) closed at $136.60, marking a -0.2% move from the previous day. This change lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq lost 0.18%.Prior to today's trading, shares of the package delivery service had lost 1.6% over the past month. This has was narrower than the Transportation sector's loss of 4.01% and lagged the S&P 500's gain of 3.15% in that time.The upcoming earnings release of United Par ...