Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Wednesday, June 28, 2006
Fedex vs Teamsters
Federal Express (NYSE:FDX) recently posted some impressive gains. But look out! The party may have some unexpected house guests. The teamsters are looking to make a major organizing move within the ground division. Also the US Postal System will start using UPS (NYSE:UPS) aircraft to help deliver some of their volumes. Revenues for UPS and potential rising costs for Fedex