12:11 PM EDT, 03/27/2024 (MT Newswires) -- United Parcel Service ( UPS ) outlined significant cost cuts that are expected to support a multiyear margin improvement story, UBS Securities said Wednesday in a report. The company provided a framework for productivity drivers and network rationalization at its Tuesday analyst meeting that are expected to result in $3 billion of cost...

12:07 PM EDT, 03/27/2024 (MT Newswires) -- (Updates to add information from the judge's order, as well as remarks from Coinbase's chief legal officer. Also updates stock price movement.) Coinbase (COIN) shares retreated Wednesday after a federal judge ruled the cryptocurrency company offers and sells securities under US law and allowing a lawsuit by the US Securities and Exchange Commission...

Lands’ End, Inc. shares are trading higher on Wednesday. The company reported fourth-quarter adjusted earnings per share of 25 cents, beating the Wallstreet view of 21 cents. For the fourth quarter, net revenue decreased 2.8% to $514.9 million, beating the analyst consensus of $502.71 million. Global eCommerce Net revenue was $404.9 million, a decrease of 2.3% year over year. Outfitters net revenue was $53.7...

12:11 PM EDT, 03/27/2024 (MT Newswires) -- (Updates with share price movement in the headline and first paragraph.) QuantumScape ( QS ) shares were up nearly 8% in recent trading Wednesday following an announcement earlier in the day that it started shipments of Alpha-2 prototype battery cells to automotive customers, meeting a 2024 milestone. The company said it will continue...