Podcast: Why Shipping Packages Will Probably Cost You More in 2020

Podcasts Markets CSCO FDX UPS Cisco FedEx (FDX) United Parcel Service Computers/Consumer Electronics Networking LAN/WAN Hardware Telecommunications Equipment Couriers/Messengers Postal Service Broadband Equipment Freight Transport/Logistics Technology Transportation/Logistics Nicholas Jasinski North America United States CSCO FDX G/POS I/AIF I/TRS I/XFFX M/TEC M/TRSH R/NME R/US UPS Barrons.com Barrons Blogs Fortune 500 CODES_REVIEWED Free All Keep Forever Markets Podcasts barrons_display_brand BARPODCAST barrons_display_brand|BARPODCAST codetype BARRONS_DISPLAY_BRAND name Podcasts source MANUAL code BARPODCAST value BARPODCAST canbedisplaybrand true status modified barrons_display_subject BARMKTS barrons_display_subject|BARMKTS canbedisplaysubject true codetype BARRONS_DISPLAY_SUBJECT name Markets source MANUAL code BARMKTS value BARMKTS status modified co ciscos co|ciscos country US symbol CSCO codetype co displayname Cisco Systems why about extractedtext Cisco source FACTIVA occurs 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name Online title Product code Barrons.com flow Barrons Blogs flow|Barrons Blogs codetype FLOW source MANUAL title Product code Barrons_Blogs name Barrons Blogs value Barrons Blogs status modified headline A 7% Tumble for Cisco, and Two More Numbers to Know headline|A 7% Tumble for Cisco, and Two More Numbers to Know id facebook id|facebook news_tab_url https://www.barrons.com/articles/usps-plans-to-raise-shipping-prices-next-year-51573815616 idx xf500 idx|xf500 codetype idx why about source FACTIVA code xf500 name Fortune 500 significance prominent onlinesignificance prominent fcode xf500 in i3302 in|i3302 codetype in name Computers/Consumer Electronics why lineage source FACTIVA code i3302 fcode i3302 in i3303 in|i3303 codetype in name Networking why lineage source FACTIVA code i3303 fcode i3303 in i33031 in|i33031 codetype in name LAN/WAN Hardware why association source FACTIVA code i33031 fcode i33031 in i3441 in|i3441 codetype in name Telecommunications Equipment why lineage 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Jasinski pe|Nicholas Jasinski lastname Jasinski visible 1 codetype pe displayname Jasinski, Nicholas extractedtext Nicholas Jasinski source FACTIVA title Reporter code nicholas_jasinski seoname nicholas-jasinski name Nicholas Jasinski firstname Nicholas topicid 8575 nameformat surname_first topicname Nicholas Jasinski re usa re|usa codetype re why about source FACTIVA subcat cntry code usa name United States significance prominent onlinesignificance prominent fcode usa re namz re|namz codetype re why lineage source FACTIVA subcat snr code namz name North America fcode namz relay SYND relay|SYND codetype RELAY name Syndication source EXPANDER value SYND code synd status modified statistic FREEFOREVER statistic|FREEFOREVER codetype STATISTIC name Keep Forever source MANUAL code FREEFOREVER value FREEFOREVER status modified inactivebydefault true statistic FREE statistic|FREE codetype STATISTIC name Free All source MANUAL code FREE value FREE status modified inactivebydefault true statistic CODES_REVIEWED statistic|CODES_REVIEWED name CODES_REVIEWED value CODES_REVIEWED codetype STATISTIC code CODES_REVIEWED subject BARMKTS subject|BARMKTS codetype SUBJECT selectable true title Markets code BARMKTS name Markets canbedisplaysubject true ruleid BARMKTS value BARMKTS status modified subject BARPODCAST subject|BARPODCAST codetype SUBJECT title Podcasts code BARPODCAST name Podcasts ruleid BARPODCAST value BARPODCAST canbedisplaybrand true status modified wordcount 364 wordcount|364 Illustration by Tibor Karpati A 7% Tumble for Cisco, and Two More Numbers to Know A 7% Tumble for Cisco, and Two More Numbers to Know USPS Plans to Raise Shipping Prices Next Year

USPS is to raise shipping prices next year. Fedex and UPS could follow.

Podcast: Why Shipping Packages Will Probably Cost You More in 2020

Listen to Barron’s daily mini-podcast every morning.

https://www.barrons.com/articles/usps-posts-huge-loss-51573750027 https://www.barrons.com/articles/cisco-stock-tumbles-after-earnings-as-analysts-chop-price-targets-51573750570 https://www.marketwatch.com/story/german-growth-rises-01-skirting-recession-2019-11-14 https://www.barrons.com/articles/germanys-economic-malaise-hasnt-hit-the-stock-market-yet-51572628011 https://www.barrons.com/articles/barrons-launches-two-new-podcasts-1538147844 mailto:nicholas.jasinski@barrons.com A 7% Tumble for Cisco, and Two More Numbers to Know

Three numbers to start your day:

The U.S.Postal Service Had a Loss of $8.8 Billion

—over the past year. The post office reported its fiscal fourth-quarter numbers on Thursday.

The enormous loss comes with a simple explanation: People are sending less mail every year. But it actually wasn’t all bad news. Postal revenues managed to grow slightly thanks to Americans sending more packages. The USPS had also raised prices, which helped grow revenues.

And it plans to do so again starting in January. That gives FedEx (FDX) and United Parcel Service (UPS) cover to raise their prices as well.

Cisco Systems Stock Fell TK% on Thursday

The plunge came after the networking company issued a gloomy warning about its prospects for the current quarter. Cisco (CSCO) said it expects a decline in revenue and cited a long list of headwinds. They include slowing spending by telecom carriers, economic weakness in Europe, and trade war-related issues in China.

That negative outlook outweighed better-than-expected earnings for Cisco’s latest quarter. About a dozen Wall Street analysts cut their price targets on the stock as they incorporated Cisco’s guidance into their models.

Germany’s Economy Grew 0.1% in The Third Quarter

That’s according to the Federal Statistical Office of Germany. It’s barely growth, but still better than what economists had been expecting: a 0.1% contraction.

Europe’s largest economy has been stagnant in recent quarters —with manufacturing and industrial production contracting. And even though the European Central Bank has continued to provide stimulus such as lower interest rates, it hasn’t been able to boost growth.

But the ultra-low interest rates have been good for stocks. The German DAX stock index is up 25% this year.

Numbers by Barron’s is our daily podcast. Find out more here.

Write to host Nicholas Jasinski at nicholas.jasinski@barrons.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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