UPS slashes capital spending and share buybacks to cope with ‘unprecedented’ impact of coronavirus [Toronto Globe and Mail (Ontario, Canada)]
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: Toronto Globe and Mail
UPS slashes capital spending and share buybacks to cope with ‘unprecedented’ impact of coronavirus A UPS delivery truck pauses at a traffic light in Washington on March 27, 2020. LEAH MILLIS/Reuters A UPS delivery truck pauses at a traffic light in Washington on March 27, 2020. United Parcel Service Inc will cut capital spending this year by $1 billion and its target for share buybacks by almost $800 million as it adjusts to what it said were “unprecedented” changes in its business driven by the coronavirus outbreak. Shares fell around 4 per cent before the bell as the company, like dozens of other major firms, withdrew its financial forecasts for this year after missing Wall Street estimates for profit in the first three months of the year. “The progression of stay-at-home restrictions instituted across the country as a result of coronavirus closed businesses and disrupted supply chains, resulting in an unprecedented shift in customer and product mix in the quarter,” the company s
Show less
Read more
Impact Snapshot
Event Time:
UPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UPS alerts
High impacting United Parcel Service, Inc. news events
Weekly update
A roundup of the hottest topics
UPS
News
- UPS (UPS) Valuation Check After Earnings Beat From Cost Cuts and Network Overhaul [Yahoo! Finance]Yahoo! Finance
- Factbox-Amazon's growing clout in US shipping market [Yahoo! Finance]Yahoo! Finance
- Amazon may be looking at ending its longtime partnership with USPS [Seeking Alpha]Seeking Alpha
- Get gifts on time. See holiday shipping deadlines USPS, FedEx, UPS. [USA TODAY]USA TODAY
- N.J. congressman unveils Porch Pirates Act to combat holiday shopping thefts [CBS News]CBS News
UPS
Earnings
- 10/28/25 - Beat
UPS
Sec Filings
- 11/17/25 - Form 25-NSE
- 11/7/25 - Form 4
- 11/5/25 - Form 10-Q
- UPS's page on the SEC website