An unjustified pre-funding of health care costs is the biggest burden. Remove that, and the long-suffering but vitally important mail service can be profitable. More
UPS
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LightSquared Seeks Bankruptcy Protection
LightSquared has filed for bankruptcy protection, but will continue to seek FCC approval for its 4G wireless network. More
Pity Poor Pitney and Bowes — a 10% Dividend But Zero Hope
Pitney Bowes reported a drop in earnings and slowing revenues, and the company will have a hard time coming up with a plan to increase either metric. Sell time? More
Mixed-Up Markets Finish Up — Thursday’s IP Market Recap
Stock markets shook off disappointing jobs news and a number of big-name earnings disappointments to make slight gains Thursday. More
UPS Earnings Rise 6% But Miss Analyst Estimates
UPS was headed lower in Thursday trading after the company announced first-quarter earnings that came just under Wall Street expectations. More
Dow Theory Doldrums a Bit Misstated
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Congress Tackles Postal Reform
Congress is looking into ways to save the U.S. Postal Service by cutting costs and increasing revenue. But, the methods could be painful. More
