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0 0 0.00243259679708098 -0.000251368335698204 -0.00324346239610778 0.00344617879586462 0.00199270220960879 0.000912223798905366
Stock impact report

Amazon Plans To Save Billions With Planes And Vans [Seeking Alpha]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Seeking Alpha
For most investors, watching a stock they own increase in value by more than 30% in one year would be reason to celebrate. However, Amazon (NASDAQ: AMZN ) isn’t just any company, and investors haven’t been used to a prolonged decline in the stock. Since late September, Amazon’s shares have struggled to get back to their old highs. Whether this is a short-term issue, or a longer-term consolidation remains to be seen. It’s exciting when Amazon gets into new markets, but investors should be equally happy that the company is addressing its profit margins in a meaningful way. Fulfillment costs consumed just under 15% of revenue last quarter , and Amazon is making moves to cut this expense. The first step was to order thousands of delivery vans. The most recent step is developing its own fleet of airplanes. Tired of using the “delivery boy” Amazon has several reasons to develop its own delivery business. One of the most obvious is in response to a bold claim by Presiden Show less Read more
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