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Amazon Shifting Business Away from Fedex to UPS
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<blockquote data-quote="kingOFchester" data-source="post: 1351730" data-attributes="member: 11246"><p>No, not at all. Publicly traded companies often keep their mouth shut with business such as this. You announce it and stock goes up and revenue doesn't follow, the stock could end up at a lower figure. They often hold this information so that IF revenue rises so does the stock at a more reasonable rate.</p><p></p><p>Furthermore, I speculate the small potential increase does not warrant a press release. Fedex is using the loss as an excuse. If UPS gets the business, and revenue increases then it will be billed with other business decisions as "UPS has grown X do to cost saving initiatives, newly implemented logistic plans paired with increase volume we beat earning per share by .03".</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1351730, member: 11246"] No, not at all. Publicly traded companies often keep their mouth shut with business such as this. You announce it and stock goes up and revenue doesn't follow, the stock could end up at a lower figure. They often hold this information so that IF revenue rises so does the stock at a more reasonable rate. Furthermore, I speculate the small potential increase does not warrant a press release. Fedex is using the loss as an excuse. If UPS gets the business, and revenue increases then it will be billed with other business decisions as "UPS has grown X do to cost saving initiatives, newly implemented logistic plans paired with increase volume we beat earning per share by .03". [/QUOTE]
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