United Parcel Service faces weak fundamentals and dividend risks. Learn why UPS' current valuation may be unattractive for investors.

The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people.

United Parcel Service ( UPS +0.22%) has a huge 7.5% dividend yield. For reference, the S&P 500 (SNPINDEX: ^GSPC) is only offering a yield of around 1.2%. The company's dividend has been increased annually for 16 consecutive years.

NTSB official Todd Inman said "numerous" sources could have produced the sound, but it is too early in the investigation to offer further speculation.

Shares of parcel delivery company UPS (NYSE:UPS) jumped 8.1% in the afternoon session after the company reported third-quarter earnings that surpassed analyst expectations. The parcel delivery company announced adjusted earnings per share of $1.

The plane crash occurred Tuesday, shortly after takeoff from the Louisville Muhammad Ali International Airport in Kentucky. Investigators said the UPS cargo plane’s left wing caught fire and an engine fell off shortly after takeoff,

The death toll in Louisville is now at 13, with several people still unaccounted for, authorities say

United Parcel Service is downgraded to Hold with a $106.74 price target due to ongoing market and operational challenges. Learn more about UPS stock here.

United Parcel Service UPS recently completed the acquisition of Canadian supply-chain company Andlauer Healthcare Group for $1.6 billion (C$2.2 billion). The transaction value of the deal implies that each shareholder of the Canadian company received C$55.