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UPS to pay $45M to US settle charges that it improperly valued its freight division

United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.

Reuters · 3d

UPS to pay $45 million penalty for improperly valuing business unit, SEC says

The United Parcel Service will pay up to a $45 million penalty for improperly valuing a business unit, the U.S. Securities and Exchange Commission (SEC) said on Friday.

Havasu News · 12h

SEC fines UPS $45 million, saying it improperly valued freight business

UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the Sandy Springs-based shipper improperly valued one of its businesses.

Business Insider · 2d

UPS to pay $45M penalty for improperly valuing business unit, SEC says

The Securities and Exchange Commission announced settled charges against United Parcel Service Inc. for materially misrepresenting its earnings

Stocktwits on MSN · 2d

UPS Stock Rises Despite $45M SEC Penalty Over Freight Business Valuation: Retail’s Stuck In 'Neutral'

The Securities and Exchange Commission (SEC) said on Friday that United Parcel Service Inc. ($UPS) is facing a penalty of $45 million for materially misrepresenting its earnings as it failed to follow generally accepted accounting principles (GAAP) in valuing one of its worst performing businesses.

1don MSN

UPS will pay $45 million in fines with SEC settlement

The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...

World Socialist Web Site9h

UPS announces plans to close Commerce City, Colorado facility as Teamsters head meets with top Republicans

UPS has announced that it will be closing its Commerce City, Colorado facility on January 15 of next year, laying off 404 ...

34mon MSN

Barclays ups its 2025 year-end S&P 500 target to 6,600

The equity research team at Barclays has raised its 2025 year-end target for the S&P 500 (SP500), noting that despite some slowdowns in macro conditions, there still remains substantial upside ...

Law3d

UPS Agrees to $45M Settlement With SEC Over Valuation Claim

The commission accused UPS of failing to follow generally accepted accounting principles, or GAAP, and “materially ...

The Financial Times12h

UPS and Northvolt show the public and private market disconnect

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UPS can only look on with wonder at Goldman Sachs. On Friday, the US Securities and Exchange Commission ...