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Sat Feb 9, 2013, 09:26 PM

Matthew Rothschild: Postal Service Announcement Boosts FedEx, UPS Stocks

http://www.progressive.org/postal-service-announcement-boosts-fedex-ups-stocks


from The Progressive:


Postal Service Announcement Boosts FedEx, UPS Stocks
By Matthew Rothschild, February 8, 2013


In this week that saw the U.S. Postmaster declare that Saturday delivery will end in August, critics like Ralph Nader and Bernie Sanders predicted that it would help the competitors of the Postal Service.

Well their prediction has already come true.

This week, FedExís stock price went up 4 percent and UPSís went up 3 percent, while the Dow was down 0.1 percent.

Coincidence?

I think not.

The privatizers are getting their way.



3 replies, 496 views

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Reply Matthew Rothschild: Postal Service Announcement Boosts FedEx, UPS Stocks (Original post)
marmar Feb 2013 OP
silverweb Feb 2013 #1
SunSeeker Feb 2013 #2
elleng Feb 2013 #3

Response to marmar (Original post)

Sat Feb 9, 2013, 09:28 PM

1. Duh.

Wasn't that the point?

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Response to marmar (Original post)

Sat Feb 9, 2013, 09:54 PM

2. Fuckers. nt

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Response to marmar (Original post)

Sat Feb 9, 2013, 10:05 PM

3. Logical, eh,

as UPS does NOT deliver on weekends???!!!
DUH!

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