Us Postal Service Losing $1 Billion A Month In '12

U.S. Postal Service

The U.S. Postal Service on Thursday reported a $3.2 billion loss for the first quarter of 2012, $1 billion more than during the same period last year.

Sections:  news   u.s.   
RELATED ARTICLES
  • HTC Expects Brighter Second Quarter
    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • Mobile Efforts Help Propel Facebook’s EarningsMobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • All Eyes On Facebook's Mobile Growth And Graph Search Progress
    Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
  • The New York Times Company Reports a Drop in Profit
    While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter. More
  • Zynga Q1 Earnings Beat Street, But Shares Down
    Zynga posted first quarter 2013 earnings that beat analysts expectations, but shares are trading down after-hours on future outlook. More
ASK NEWS:
  • Local Postal union still fighting to keep processing center open ... - BusinessWeek
    Local Postal union still fighting to keep processing center open - Kokomo Tribune
    01/22/2015 - 6:34 am | View Link
  • Dianne Feinstein's Husband's Real Estate Firm Poised to Make $1 ... - AlterNet.org
    Feinstein's Husband to Benefit From Sale of Government Property - NewsMax.com
    01/19/2015 - 9:03 am | View Link
  • Can FedEx Corporation Stock Soar Again in 2015? - Motley Fool
    ... by $1.6 billion annually by 2016 ... States Postal Service declared that it would reduce pricing The Postal ... company might not mind losing ...
    01/18/2015 - 9:26 am | View Link
  • More
BING NEWS:
  • Local Postal union still fighting to keep processing center open
    The United States Postal Service announced in November that it was ... the numbers reported by the USPS stating the organization is losing billions of dollars per year, including a $5 billion net loss in 2013. Obenchain finds those numbers misleading.
    01/22/2015 - 11:15 am | View Link
  • My Turn: Is the Postal Service really losing money?
    Overall, revenue for the USPS is up $1 billion from the same time last year. Why does everyone seem to think the Postal Service is losing money? Congress has a lot to do with it. The Postal Service is required to pay $5.5 billion annually to pre-fund ...
    09/16/2014 - 1:11 am | View Link
  • US Postal Service Loses $2 Billion From April to June
    The U.S. Postal Service kept losing money during its second quarter, despite an increase in package revenues and an emergency price hike that took effect in January. The agency said on Monday that it lost $2 billion from April to June, compared with a net ...
    08/11/2014 - 10:50 am | View Link
  • Postal Service Loses Almost $2 Billion
    The government-backed mail carrier is still losing truckloads of money ... as first-class mail and other sources of revenue decline The United States Postal Service netted a loss of $1.9 billion in the second quarter of its 2014 fiscal year, it said ...
    05/9/2014 - 5:23 am | View Link
  • Postal Service still losing money, but no movement on legislation
    The U.S. Postal Service announced Friday that it ended the last fiscal year $5 billion in the red, bringing its net losses since 2011 to $27 billion. Revenue from first-class mail continues to decline, and the agency has defaulted on three $5.5 billion ...
    11/14/2013 - 7:00 pm | View Link
  • More
BING SEARCH:
  • United States Postal Service
    The United States Postal Service (originally called the U.S. Post Office Department, when it was completely managed by the U.S. government before 1971) also known as ...
    01/26/2015 - 5:11 pm | View Website
  • Saving the Postal Service
    Saving the Postal Service. H.R. 2309, the Issa-Ross Postal Reform Act, is the only legislation that saves the Postal Service from financial collapse.
    01/26/2015 - 12:53 pm | View Website
  • Privatizing the U.S. Postal Service | Downsizing the ...
    November 2010 OverviewBackgroundDeclining RevenuesBloated CostsPostal UnionsLessons from AbroadConclusions
    01/25/2015 - 8:11 pm | View Website
  • ‘Dysfunctional’ U.S. Postal Service loses $5.5 billion
    WASHINGTON – The U.S. Postal Service Board of Governors announced Friday the resignation of postmaster general and CEO Patrick R. Donahue on the same day ...
    11/15/2014 - 10:44 am | View Website
  • Postal Service
    Find out how much money the U.S. Postal Service has lost by year. See what the agency is going to save money. Learn about the history of its financial problems.
    10/25/2014 - 12:13 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News