Post office closures not the solution – The Hill (blog)

Post office closures not the solutionThe Hill (blog)The law specifically prohibits small post offices from being closed solely because they are operating at a deficit. The law recognizes that there would be unprofitable post offices, especially in rural areas. Post offices in profitable markets were … More: continued here

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FedEx stock looks cheap to J.P. Morgan

WASHINGTON (MarketWatch) — Investors may have oversold shares of FedEx Corp. in recent weeks amid anxiety over the direction of the economy, J.P. Morgan said Monday in a note to clients. J.P. Morgan lowered its fiscal-2012 earnings outlook for FedEx to $6 a share from $6.60, and cut its price …

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