FedEx misses the mark on quarterly profits and cuts full-year revenue forecast LeapRate

December 20, 2023 BY Elizabeth Anderson

FedEx misses the mark on quarterly profits and cuts full-year revenue forecast

In response, the company’s shares plunged by 9.8% in line with the US Postal Service's decrease in demand. During after-hours trading on Tuesday, the FedEx shares dropped as low as $252.58 after closing the day on $280. According to a Reuters report, these movements also affected competitor United Parcel Service (UPS.N), which experienced a 2.9%…

October 19, 2020 BY Steffy Bogdanova

LeapRate Exclusive: ATFX new product launch: United Parcel Services (UPS)

UPS currently has a market capitalization of $146 billion with revenues in excess of $77 billion and profits of approximately $7 billion. With the emergence of working from home and increased online shopping, delivery companies like UPS have seen business grow. The company’s stock is up 44.51% this year and hasn’t been negatively affected by…

August 10, 2020 BY Steffy Bogdanova

Dukascopy Bank and UPS collaborate for 50% lower Visa/Mastercard fees on plastic card delivery

Dukascopy Bank Visa/MasterCard plastic cards can be used anywhere in the world and can be managed through the company’s mobile and web applications, they are also compatible with Apple Play and Samsung Pay. Dukascopy client current accounts and card accounts are separate. Clients can transfer funds from their current accounts to their card accounts without…

Tag: UPS