Thursday, September 15, 2011
Postal Service proposes changes...
The U.S. Postal Service proposes "sweeping changes" to save up to $3B a year - including potentially closing 250 processing facilities. Shares of Stamps.com (STMP -3.6%) have gained 81% in a 3-month tear anticipating a breakdown of business as usual (losses) at the USPS.
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