|Bid||118.07 x 100|
|Ask||120.96 x 100|
|Day's range||119.51 - 120.43|
|52-week range||102.12 - 120.80|
|PE ratio (TTM)||29.45|
|Earnings date||26 Oct 2017|
|Forward Dividend & Yield||3.32 (2.78%)|
|1y target est||116.29|
Oct.05 -- Amazon is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan. Bloomberg's Spencer Soper reports on "Bloomberg Markets."
It's a busy week for earnings with investors still squarely focused on who Trump will name as the next Fed chair.
United Parcel Services (UPS US) earns a "wide economic moat" rating from Morningstar from efficient scale, cost advantage, and the network effect.
The top executive of United Parcel Service Inc (UPS.N) said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good for the three countries' economies. "I'm still optimistic, but I think we're going to have to go through some difficult times just because each of the countries has issues specific to them," UPS CEO David Abney told Reuters. If a renegotiated treaty stimulates the economy, creates jobs and levels the playing field for the United States "then the North American market as a whole will be much stronger than without a free trade agreement," he said.
The Zacks Analyst Blog Highlights: HSBC, United Parcel Service, General Motors, Netflix and Monsanto
Share of UPS and FedEx fell, but pared earlier losses, after Bloomberg reported Amazon was testing a new business-to-consumer delivery service.
We reported some news on Thursday about Amazon.com Inc.’s new experimental delivery service called Seller Flex. It entails Amazon taking greater control over the final mile of delivery from the warehouses ...
Stocks that moved substantially or traded heavily Thursday: Constellation Brands Inc., up $8.07 to $209.25 The beer and wine maker raised its profit forecast after it reported strong quarterly sales. Biogen ...
Amazon accounts for only a small portion of UPS' and FedEx's revenues, says Keith Schoonmaker, an equity analyst at Morningstar.
Amazon is testing another home delivery service, which could intensify competition with partners FedEx and UPS.
The U.S. House of Representatives voted to adopt a fiscal 2018 spending blueprint containing a legislative tool that would let Republicans bypass Democrats and pass a tax bill by a simple majority vote in the Senate, where they hold 52 of 100 seats. The S&P financial index, up 1.1 percent, led sector gains.