Woodford buys Royal Mail stake for £2.4bn income fundCitywire.co.ukStar manager Neil Woodford has invested 1.5% of his flagship UK Equity Income fund 's assets in Royal Mail. Woodford's eponymous firm Woodford Investment Management said it had added several new holdings to the fund, of which the Royal Mail stake is … More: continued here
Royal Mail drops on overcapacity concernsFinancial TimesIncreasingly, the government's price on the controversial privatisation of Royal Mail has been looking less wrong. The stock fell to its lowest level since its debut day on Tuesday, losing 3.6 per cent to 405.5p. That was still above a 330p flotation …Royal Mail set to test sale price,…
Telegraph.co.uk Thief gambles away £14000 proceeds of rare stamp collection on single fruit …Telegraph.co.ukJoseph Jennings stole the stamps from his mother before putting them on the market for a fraction of their true worth. As he sold off the stamps, he made trips to a branch of Corals in Birmingham and gambled away the proceeds…
Royal Mail PLC (LON:RMG) and GlaxoSmithKline plc (LON:GSK) catch the eye among the ace investor's latest trades. More: continued here
Meetings today on proposed post office hour cutbacksElmira Star-GazetteCommunity meetings began in October 2012 and are expected to be held through September regarding the retail window hours at 13,000 rural post offices nationwide. The Postal Service originally was going to close 3,700 post offices across the country but … More: continued here
4Chan Circlejerk Goes to eBay, Anonymous Screenshot 'Sells' for $90KHyperallergicOver the weekend, Recode mentioned that it all went even more “meta” when the “eBay auction of a framed screenshot of the original screenshot auction [was] going for $2.75.” When I checked last night, the item was up to $50,000 (photo of item below):. More: continued…
NM to require work for some food stamp recipientsKOB.comThe order would require childless recipients between 18-59 to work 20 hours a week in order to receive food stamps. Matt Kennicott with the Human Services Department confirmed that would be around 26,600 recipients. Kennicott also said Gov. Susana … More: continued here
CBS Local Tower at Old Post Office Plaza Apartments Open in Former Roberts TowerCBS LocalST. LOUIS (KMOX) – After years of sitting unfinished, the skyscraper originally dubbed as the Roberts Tower is now complete. It's now the Tower at OPOP, or Old Post Office Plaza, and instead of condos it has 128 opulent apartments (starting…
Police: Mail stolen from Lehigh Township post office drop boxAllentown Morning CallPolice were called around 9:50 a.m. to the Cherryville Post Office, 680 Blue Mountain Drive. Police said sometime overnight, someone broke into the outside drop box and stole mail. Police said according to the U.S. Postal Inspector for the region …USPS mailbox vandalized in…
Some Heartland post offices to see reduced hoursKFVSST. MARY, MO (KFVS) – The U.S. Postal Service is looking to save money, and that means thousands of post offices across the nation will have to reduce their hours. It is all a part of the Postal Service's Post Plan, which was developed in 2012 … More:…