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

The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...

As alleged by the SEC, instead of calculating the write-down based on the price UPS expected to receive to sell its Freight business unit—as required under GAAP—UPS relied on a valuation prepared by ...

“Using financial information and assumptions provided or approved by UPS, the consultant valued Freight at about $2 billion,” the SEC said. UPS failed to provide key information to the ...

I found 507 firms with goodwill and intangible assets more than $1 billion on their balance sheets and market to book ratios ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...

UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the ...

The SEC has now settled charges with the Atlanta-based shipping and receiving firm after accusing UPS of "materially misrepresenting its earnings because it failed to follow generally accepted ...

UPS (NYSE: UPS) has agreed to pay US$45m to settle allegations by the US Securities and Exchange Commission (SEC) that it ...

SINGAPORE (Reuters) — Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors ...

Amid branch closings across the nation, a UPS facility in Oklahoma faces mass layoffs. Over 300 Oklahoma workers will lose ...