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The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in valuing its freight unit. The SEC order said that ...
The SEC alleges UPS misrepresented its earnings because of improper valuation of its UPS Freight unit, which it agreed to sell in 2021. The SEC said it found UPS violated accounting and disclosure ...
According to the SEC’s order, UPS determined in 2019 that UPS Freight, a business unit that transported less-than-truckload shipments, was likely to sell for no more than about $650 million.
UPS agreed to pay the Securities and Exchange Commission $45 million to settle charges it overvalued UPS Freight before selling the LTL unit to TFI international in 2021, the SEC announced last month.
UPS (UPS) Freight, a business unit that transported less-than-truckload shipments. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award ...
BMO analyst upgrades UPS, despite concerns about margin trajectory, citing cyclical tailwinds, cost reduction programs, and ...
It cared for her son, Willis, who she said had been on "quite a journey through the neonatal unit" but was now doing well. "We've had a few ups and downs but the staff here have been nothing short ...
Chamoun notes the combination of cyclical tailwinds, moderating unit cost inflation ... Additionally, UPS has implemented more pricing actions on lower-margin B2C customers, particularly in ...