New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 20, 2014
16:06 EDTUPSUPS notifies customers of potential data compromise, incident resolution
The UPS Store recently received a government bulletin regarding a broad-based malware intrusion not identified by current anti-virus software. Upon receiving the bulletin, The UPS Store retained an IT security firm and conducted a review of its systems and the systems of its franchised center locations. The UPS Store discovered malware identified in the bulletin on systems at 51 locations in 24 states, about 1% of 4,470 franchised center locations throughout the U.S. Based on the current assessment by The UPS Store and the IT security firm, certain customers' information, who used a credit or debit card at the 51 impacted franchised center locations between January 20 and August 11, may have been exposed. For most locations, the period of exposure to this malware began after March 26. The malware was eliminated as of August 11 and customers can shop securely at all The UPS Store locations. The customer information that may have been exposed includes names, postal addresses, email addresses and payment card information. Not all of this information may have been exposed for each customer. Based on the current assessment, The UPS Store has no evidence of fraud arising from this incident. The UPS Store is providing an information website, identity protection and credit monitoring services to customers whose information may have been compromised.
News For UPS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2015
12:23 EDTUPSSupply chain issues impact Pratt & Whitney production this summer, WSJ says
Subscribe for More Information
08:03 EDTUPSConcerns about XPO Logistics 'rather overblown,' says Stifel
After meeting with XPO's (XPO) senior management and attending a Q&A session held by its CEO, Stifel says that the Con-way deal will enable the company to compete in new markets and should create "a lot more value over time" than the UPS (UPS)-Coyote deal. The firm is very upbeat on XPO's management team. It keeps a $62 price target and Buy rating on the shares.
07:35 EDTUPSUPS lobbies EU against FedEx-TNT merger, Bloomberg says
UPS (UPS) is lobbying to the EU against FedEx's (FDX) offer to acquire TNT Express (TNTEY), Bloomberg reports, citing people familiar with the EU's investigation of the proposed FedEx-TNT tie-up. UPS' proposal to acquire TNT Express was blocked by the EU two years ago, the report says. Reference Link
06:20 EDTUPSEU may demand concessions in FedEx, TNT merger, WSJ reports
Subscribe for More Information
October 1, 2015
06:10 EDTUPSUPS to take minority stake in tech startup Ally Commerce, WSJ reports
UPS is investing in Ally Commerce, a tech startup that bypasses middlemen and allows brand manufacturers to set up websites and sell directly to consumers, The Wall Street Journal reports. UPS is set to take a minority stake in the startup, though exact terms of the investment have not been disclosed. Reference Link
September 29, 2015
09:34 EDTUPSDetroit Economic Club to hold a luncheon meeting
Subscribe for More Information
September 21, 2015
06:18 EDTUPSUPS rolls out 3-D printing service, WSJ reports
UPS has recently rolled out 100 3-D printers at its hub in Louisville, Kentucky in an effort to discover if 3-D printing centers could shorten supply chains or potentially give it a leg up in an emerging market for local production and delivery, the Wall Street Journal reports. The company possibly does not want 3-D printing to disrupt its operations the same way the internet did over a decade ago, the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use