Evening Standard Royal Mail float: Government admits hedge funds were favouredEvening StandardAn analysis of Royal Mail's share register shows that Och-Ziff, an aggressive US-based hedge fund, had a holding of 10 million shares on 15 October, the day the company's shares started trading. A week later it had reduced its …
Read More »Revenue: $4.26 billion (analysts expected $4.23 billion) – Business Insider
Business Insider Revenue: $4.26 billion (analysts expected $4.23 billion)Business InsiderIt's been an interesting quarter for eBay, as the company dealt with a very public back-and-forth with activist investor Carl Icahn, who accused several board members, including Marc Andreessen, of not having eBay's best interests in mind, and urging … More: …
Read More »Royal Mail: how hedge funds cleaned up in float new – Belfast Telegraph
Royal Mail: how hedge funds cleaned up in float newBelfast TelegraphThe Business Secretary, Vince Cable, has repeatedly insisted that the handful of key investors offered Royal Mail shares on preferential terms were long-term institutional investors. This was to ensure the new company started with “a core of high … More: …
Read More »Ebay’s Q1: Posts a loss but meets targets anyway; enterprise revenue up – ZDNet
Ebay's Q1: Posts a loss but meets targets anyway; enterprise revenue upZDNetBy Rachel King for Between the Lines | April 29, 2014 — 20:25 GMT (13:25 PDT). fd-vortex-money. Shortly after resolving (at least for the time being) its spat with power investor Carl Icahn, eBay handed its first quarter earnings …
Read More »EBay Tax Hit: Ray of Hope or Storm Cloud for Silicon Valley?
NEW YORK (TheStreet) – Maybe, in light of eBay's earnings-wrecking $3 billion repatriation charge, investors should focus a bit more on the hundreds of billions of dollars in unrecognized tax liabilities that Apple , Google , Microsoft , Hewlett-Packard , and Cisco have created by keeping foreign profits abroad. EBay: …
Read More »Why PayPal is eBay's most valuable asset
Thriving online payments business wants to capture some of the offline market. More: continued here
Read More »5 Big Takeaways From eBay's Earnings
NEW YORK (TheStreet) – EBay , on Tuesday evening, posted a mixed first quarter earnings report. While revenue growth at the e-commerce giant's payments, marketplace and enterprise divisions is generally in the high teens, the company gave second-quarter guidance that was a bit weak. EBay: We Are Not Announcing Any …
Read More »Miliband slams Royal Mail 'rip-off'
Privileged City investors were given a "golden ticket" to buy Royal Mail shares and then sold them on day one of privatisation, ripping off the taxpayer Ed Miliband has claimed. More: continued here
Read More »Cancer survivor makes £1million after turning to eBay during chemotherapy – Metro
Metro Cancer survivor makes £1million after turning to eBay during chemotherapyMetroThousands of us often turn to eBay to save a few pounds – but not many can say it has helped them make a fortune. Mother-of-three Alison Abruneiras can, though. She has turned her addiction to the auction website into …
Read More »Cameron and Miliband on Royal Mail shares and sell-off – BBC News
BBC News Cameron and Miliband on Royal Mail shares and sell-offBBC NewsEd Miliband claimed the Royal Mail sell-off was a "rip-off of the tax payer" and that the prime minister had lost the country £1bn. But David Cameron said it was a "success for our country" and Labour had failed …
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