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

No. 7 Tennessee (9-2) heads to Nashville on Saturday to take on Vanderbilt (6-5) in an in-state rivalry between the two SEC ...

“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 ...

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

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

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 ...

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

UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange ...

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

What Happened: Cesarone's decision to sell 10,000 shares of United Parcel Service was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the ...

The final weekend of the regular season over Thanksgiving is filled with college football’s biggest rivalries. Full Week 14 ...

The SEC said UPS misrepresented "its earnings because it failed to follow generally accepted accounting principles (GAAP) in valuing one of its worst performing businesses." It is unclear if this ...