The United States Postal Service (USPS) unveiled its ten-year plan, “Delivering For America,” to achieve financial sustainability and service excellence. Consistent with postal reform efforts in recent years, much of the plan hinges upon legislative actions and regulatory changes, including the elimination of mandates requiring the USPS to prefund retiree health benefits, full integration of Postal Service-specific health plans with Medicare, and increased pricing flexibility for market dominant products i.e. traditional mail.
Read MoreQAD’s (QADA) fiscal Q4 ’21 results exceeded our estimates and consensus as an unexpected rebound in license sales and a tailwind from currency fluctuations fueled a return to positive top line growth a quarter ahead of our expectations.
Read MoreWe met virtually with management of CTG Inc. (CTG) to discuss the company’s 2023 Vision. After reporting a strong finish to its FY ’20 last month, CTG published a new investor presentation highlighting the company’s opportunity to accelerate its clients’ digital transformation initiatives and laying out ambitious targets for FY ’23.
Read MoreQAD (QADA) reports fiscal Q4 ’21 results after the market closes on Wednesday, March 24. Our estimates are relatively consistent with consensus, calling for a modest decline in revenue and another quarter of meaningful margin expansion relative to the year-ago period.
Read MoreFedEx (FDX) provided a glimpse into how e-commerce is trending to start the year. Despite inclement winter weather in mid- to late-February, which had a pronounced impact on revenues and costs at quarter-end, FedEx delivered fiscal Q3 ’21 results ahead of expectations.
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