United Parcel Service, Inc. (NYSE:UPS) Will Pay $25 million To Settle Lawsuit that Claims False Bills to Government

United Parcel Service, Inc. (NYSE:UPS) has agreed to part with $25 million as settlement in a lawsuit where the company was accused of presenting false data to the government. The lawsuit involves claims that the company had been carrying out late or nighttime deliveries to government officials and keeping this information from the authorities to […]

United Parcel Service, Inc. (NYSE:UPS) Expands My Choice And Access Point Network

Boston, MA 10/09/2014 (wallstreetpr) – United Parcel Service, Inc. (NYSE:UPS) disclosed that it would expand its My Choice and the Access Point network to provide personalized solutions to deal with the residential package deliveries. The two services expansion would provide the confidence about the delivery and the convenience. Additional Countries In a statement issued to […]

Stocks In Action: Cardtronics, Inc. (NASDAQ:CATM); United Parcel Service, Inc. (NYSE:UPS); Ocular Therapeutix Inc (NASDAQ:OCUL)

Boston, MA 10/09/2014 (wallstreetpr) – Cardtronics, Inc. (NASDAQ:CATM) announced on 8th October has disclosed that it has been contracted by Fresh & Easy to provide exclusive ATM services. This move is being termed as a god send to those customers who are looking at convenient and easily accessible banking facilities at retail outlets. The new […]

United Parcel Service, Inc. (NYSE:UPS) Becomes The #58 Largest Company

Boston, MA 08/18/2014 (wallstreetpr) – According to reports, Eli Lilly & Co. (NYSE:LLY) has lost its place as the 58th largest company of the world. It has been replaced by a well known parcel service company United Parcel Service, Inc. (NYSE:UPS). Details: The Online Investor Inc. reported that on the basis of orders placed by […]

United Parcel Service, Inc. (NYSE:UPS) To Promote COO Abney To CEO In September

Boston, MA 06/10/2014 (wallstreetpr) – United Parcel Service, Inc. (NYSE:UPS), the package delivery company, promoted Chief Operating Officer, David Abney, to act as Chief Executive Officer, effective September 1, 2014. The company’s present CEO, Scott David, is due to retire this year, post which it will see Abney as its new CEO. With this step, […]

United Parcel Service, Inc. (NYSE:UPS) Promotes Its COO To CEO

Boston, MA 06/09/2014 (wallstreetpr) – Package delivery company, United Parcel Service, Inc. (NYSE:UPS) disclosed the elevation of its chief operating officer David Abney to the position of chief executive officer. The promotion of David Abney will take effect from September 1, since the current CEO will retire on that day. David Abney has also been […]

From United Parcel Service, Inc. (NYSE:UPS), A Deal That Could Change The Course Of Microvision, Inc. (NASDAQ:MVIS)

Boston, MA 03/25/2014 (wallstreetpr) – Microvision, Inc. (NASDAQ:MVIS) which provides display technology is witnessing its list of customers growing. The company announced a deal with United Parcel Service, Inc. (NYSE:UPS) which will see it supply customized display modules to the global logistics company. Shares of Microsvision reacted positively to the news during Monday session. The deal […]

Plug Power Inc (NASDAQ:PLUG)’s Shares Plunge

Boston, MA 01/10/2013 (wallstreetpr) – Plug Power Inc (NASDAQ:PLUG) has been going through some very uncertain times since the last one year. Bouts of extreme uncertainty have been followed by bursts of extreme optimism. The stocks have also mirrored this trend. Plug Power and its Pluses: One year ago Plug Power Inc (NASDAQ:PLUG) was set to […]

Improved Ground Shipments Boosts Revenues Of United Parcel Service, Inc. (NYSE:UPS)

Boston, MA 10/28/2013 (wallstreetpr) – United Parcel Service, Inc. (NYSE:UPS), a package delivery company, witnessed its shares soaring after it reported strong profits for the third quarter. The Atlanta-based company posted earnings of $1.10 billion i.e. earnings per share of $1.16, as compared with $469 million earnings and 48 cents a share in the previous year. […]

United Parcel Service, Inc. (NYSE:UPS)’s Q2 results disappoints the shareholders

Boston, MA 07/24/2013 (wallstreetpr) – The second quarter results reported by United Parcel Service, Inc. (NYSE:UPS) had been disappointing to the shareholders of the company. As the international shipper opted to continue with the slower and less lucrative services and had indulged in few labor talks, it had proved to scare off some of its customers […]

FedEx Corporation (NYSE:FDX) exposed in overbilling case- says rival United Parcel Service, Inc (NYSE:UPS) will profit – BAC

Boston, MA 04/03/2013 (wallstreetpr) – Two different lawsuit firms have filed independent suits against FedEx Corporation (NYSE:FDX) (Current: $97.34, Up by 0.23%). The charges are that that the courier company has been knowingly and intentionally over-billing its customers for the commercial deliveries carried out by them. U.S. Magistrate Judge Charmiane Claxton passed the ruling in Memphis, […]

TNT Express decides to Sell Airline to Secure UPS (NYSE:UPS) Deal – UPS, SPLS, DRYS, LVS, EBAY

On Fir dad, TNT Express NV (TNTE) deiced to sell its airline operations to ASL Aviation Group Ltd. in an effort to safeguard a contract to combine with United Parcel Service, Inc. (NYSE:UPS). The transaction is provisional on the completion of UPS’s planned 5.16 billion-euro ($6.58 billion) buy of TNT, the Hoofddorp, Netherlands-based the package-delivery […]