Going Postal Over Staples, Amazing Quarter for Amazon and Microsoft is Looking Up

Postal smackdown over staples…I mean Staples…

Image courtesy of Gualberto107/FreeDigitalPhotos.net

Image courtesy of Gualberto107/FreeDigitalPhotos.net

Postal workers across the country are fuming over a new program to install postal counters in Staples (SPLS) stores. Yesterday union postal workers showed up at several of the chain’s locations to show they are so not into it. The program first began last year in Massachusetts and has spread to over eighty stores. But postal workers think the government is trying to privatize the post office and break up the unions – which may or may not be true. But what is true is that the United States Postal Service took a $5 billion hit in 2013, and Uncle Sam has been eagerly searching for ways to cuts costs and boost revenue for the struggling entity. Unions are also angry because they don’t want well-paid union postal workers to be replaced by low-wage non-union members. Union postal workers rake in about $25.00/hour. Yeah, nice work if you can get it. A Staples salesperson takes in about a third of that.

Amazing earnings…

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

Looks like Amazon (AMZN) is having a good week. The online retailer announced its first quarter earnings and yeah, they were that good. Besides beating Wall Street’s predictions, which always leaves a company and its investors feeling giddy with joy, it also posted revenue 23% higher than it did for the same period last year while profits grew 18%. According to Jeff Bezos, founder and CEO of Amazon,“We get our energy from inventing on behalf of customers, and 2014 is off to a kinetic start,” Awww isn’t that sweet. Naturally the stock took a nice little bump on their shares from all the excitement. Then there were all those fun announcements from Amazon, like, for instance its deal with HBO to stream their older shows. And don’t forget Prime Pantry,where for a flat fee of $5.99 (a pittance, really) you can order all the groceries you need to your heart’s content – as long as it fits into a 45 lb. box.

This cloud’s got a green lining…

Image courtesy of jscreationzs/FreeDigitalPhotos.net

Image courtesy of jscreationzs/FreeDigitalPhotos.net

Things are looking up for newly coronated Microsoft (MSFT) CEO Satya Nadella. You do remember Microsoft don’t you? It’s the company whose shares you always wished you had bought. Yeah me too. Especially since it beat analysts prediction by $0.05 this week earning $0.68 a share. Sure sales of Windows to businesses and cloud momentum helped pull in those nice figures. But never forget the power of gaming either as the very entertaining and highly addictive (at least in my home) Xbox console was a big contributor to this quarter’s success.

 

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