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UK's Royal Mail boosted by rising parcel revenues

Royal Mail Group, sold off last October in Britain's biggest privatisation for decades, said higher prices for posting parcels had helped underlying group sales rise 2 percent for the nine months to Dec. 29. Parcel volumes did rise in December, Royal Mail (Other OTC: ROYMF – news) said, without saying …

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Royal Mail Rides The Online Parcel Wave

The newly-privatised Royal Mail has revealed a rise in pacel delivery revenue of 8% in the nine months to December 29. The spike in like-for-like earnings comes as the shift to online purchases continues. … More: continued here

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The Deal: Icahn Prods eBay to Spin PayPal

NEW YORK (TheStreet) eBay disclosed Wednesday a small stake taken by Carl Icahn and said the activist investor has proposed a spinoff of the e-commerce company's PayPal division.Icahn also nominated two candidates to eBay's board of directors. His stake amounts to less than 0.82% of the company. In a statement …

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Police seek ‘Inspector Clouseau’ in robberies of post offices, bank – Delaware County Daily Times

Police seek 'Inspector Clouseau' in robberies of post offices, bankDelaware County Daily TimesPolice in several Delaware County municipalities are looking for a bandit who wore a plastic mask resembling the deceased actor Peter Sellers as “Inspector Clouseau” while robbing a bank and two post offices between Wednesday and Thursday.and more » …

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