Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
The Latest FedEx Headlines
4 Reasons FedEx Will Keep Delivering
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 1004693" data-attributes="member: 1"><p><a href="http://www.investorplace.com/2012/08/4-reasons-fedex-will-keep-delivering/" target="_blank"><strong>4 Reasons FedEx Will Keep Delivering - Motley Fool</strong></a></p><p></p><p>“A penny saved is a penny earned,” Benjamin Franklin, the nation’s first postmaster. once said — and in the wake of the U.S. Postal Services $5.5 billion pension payment default last week, his 237-year-old agency will have to save a lot pennies fast. FedEx’s (NYSE:FDX) nearly $1.5 billion annual postal services contract, which expires next September, is a great place to start.</p><p></p><p>Package delivery rival United Parcel Service (NYSE:UPS), which did about $100 million in business with the Post Office in 2011, already has thrown its hat into the ring for a shot at the lucrative air transport contract that FDX has held since 2001.</p><p></p><p>Bottom Line: The tough global economy will take a toll on UPS and FDX earnings this year, making the new Post Office contract a bigger deal for the companies than it otherwise might have been. Although FedEx could lose a piece of this contract to UPS, its strong fundamentals and pricing power still make it a good choice for investors’ portfolios now.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1004693, member: 1"] [URL="http://www.investorplace.com/2012/08/4-reasons-fedex-will-keep-delivering/"][B]4 Reasons FedEx Will Keep Delivering - Motley Fool[/B][/URL] “A penny saved is a penny earned,” Benjamin Franklin, the nation’s first postmaster. once said — and in the wake of the U.S. Postal Services $5.5 billion pension payment default last week, his 237-year-old agency will have to save a lot pennies fast. FedEx’s (NYSE:FDX) nearly $1.5 billion annual postal services contract, which expires next September, is a great place to start. Package delivery rival United Parcel Service (NYSE:UPS), which did about $100 million in business with the Post Office in 2011, already has thrown its hat into the ring for a shot at the lucrative air transport contract that FDX has held since 2001. Bottom Line: The tough global economy will take a toll on UPS and FDX earnings this year, making the new Post Office contract a bigger deal for the companies than it otherwise might have been. Although FedEx could lose a piece of this contract to UPS, its strong fundamentals and pricing power still make it a good choice for investors’ portfolios now. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
The Latest FedEx Headlines
4 Reasons FedEx Will Keep Delivering
Top