*Investors Blog*

https://www.cnbc.com/2025/04/29/united-parcel-service-ups-q1-earnings.html

UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates

United Parcel Service’s first-quarter profit beat market estimates and the parcel delivery giant said it will cut 20,000 jobs to lower costs in an uncertain economy and in anticipation of weak volumes from its largest customer, Amazon.

Shares of the company rose nearly 2% before the bell on Tuesday after it said it expects to save $3.5 billion in 2025 from job cuts and by shutting 73 leased and owned buildings by the end of June. “


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The Mack truck thread was locked but I had mentioned FedEx and UPS has been laying off employees and closing warehouse / package sorting facilities. Both companies offering pilots early retirement package to trim pilot staffing.

Global Economy has been slowing down for the past 2 years.


Daily Job Cuts . Com
 
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Looking to buy some JPM prefered's today. There falling a bit.

But I am still confused. Since bond rates are falling, wouldn't prefered's go up? There pretty much a bond masquerading as a stock. Confused?
Smart money will buy preferreds at the right price, but people are rightly scared of preferreds, because the whole worst of both theory. Not a bond (hold until maturity), not a stock (real growth)

Rates falling, one day, then not.
 
Smart money will buy preferreds at the right price, but people are rightly scared of preferreds, because the whole worst of both theory. Not a bond (hold until maturity), not a stock (real growth)

Rates falling, one day, then not.
I like preferred if it's below call price and high yield. The yield is qualified dividend, not ordinary income.
 
I could feed off the 50 cent spread
It has enough volume to victimize..
Why was it once over $28
Now I feel bad for even mentioning it . You going to buy it and lose money . Once they cut the dividend it's going to lose 50% more
 
Now I feel bad for even mentioning it . You going to buy it and lose money . Once they cut the dividend it's going to lose 50% more
I don't do dividends and I have been in much worse...it only has a 47% sell recommendation. 😛
 
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