UPS stock down before market open as company gives softer-than-expected full-year revenue outlook

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UPS stock down before market open as company gives softer-than-expected full-year revenue outlook

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply at the opening bell. The company also hinted that its Coyote truck load brokerage business may be put up for sale. Last year union members at UPS voted to …
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