- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Here are Tuesday’s top stories:
FedEx Corporation (NYSE:FDX) and United Parcel Service, Inc. (NYSE:UPS) prospects might be affected by the USPS missing its $5.5 billion payment due to United States Treasury to provide healthcare for future retirees. In addition, the overextended postal service will have to skip a $5.6 billion payment due on September 30th as it waits for Congress to help. However, such pending legislation is being held up by certain House of Representatives members until after the elections so as to not have to vote on a proposal that might eliminate jobs in their districts (classy!). If Saturday deliveries are cut back or ceased, FedEx and UPS could certainly benefit.
Fast-food companies such as McDonald’s Corporation (NYSE:MCD), Jack In The Box (NYSE:BOX), and The Wendys Company (NYSE:WEN) might want to monitor the aggressive northward expansion of Chick-fil-A, the highly successful franchise chain that is an institution in the South. The latter claims an industry-best average sales per location figure of $2.9 million.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.