SAN FRANCISCO – EBay Inc founder Pierre Omidyar has become the latest self-made tech baron to plunge into the struggling news industry – hot on the heels of Amazon.com Inc founder Jeff Bezos, who just paid $250 million for the Washington Post. More: continued here
EBay CEO cites 'uncertainty' from government shutdownCBS NewsLOS ANGELES EBay (EBAY) said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' … More: continued here
Why the Royal Mail's megaphone critics are wrongTelegraph.co.ukImagine this scenario. A creaking, former state monopoly goes through years of reform in a desperate effort to protect itself from new competitors. The tens of thousands of workers involved in the enterprise have to make sacrifices to increase … More: continued here
Telegraph.co.uk UK's Royal Mail valued higher than sale price – FT reportReuters UKLONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. In a report on Saturday…
LONDON: Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. More: continued here
Royal Mail IPO: Investment Banks Say Shares Were UnderpricedIBTimes.co.ukThe UK government disregarded the opinions of two investment banks that valued postal company Royal Mail at £5bn in June, much more than the government's final valuation. Two banks seeking to lead the share sale said Royal Mail shares might be worth … More: continued here
The Independent SNP Conference: Alex Salmond says an independent Scotland would …The IndependentAlex Salmond described the voters who will decide if Scotland leaves or remains part of the United Kingdom next year as the “independence generation” who had “tasted” devolution and now wanted the power to choose “a different path” from the …Conference condemns Royal Mail…
EBay CEO Cites 'Uncertainty' for Weak 4Q OutlookABC NewsEBay said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' expectations, but … More: continued here
Mirror.co.uk Royal Mail: Call for MPs who bought shares to admit how much money they madeMirror.co.uk… current rules, MPs do not have to declare small shareholdings. But Mr Irranca-Davies has written to Labour MP Kevin Barron, head of the Parliamentary Standards Committee, asking if Royal Mail shares should be a special case as MPs voted…
eBay Off 5%: Q3 Revenue Misses, EPS Beats; Q4 View LightBarron’s (blog)eBay (EBAY) this afternoon reported Q3 revenue that slightly missed analysts' expectations, profit per share that topped consensus, and forecast this quarter's sales and profit below expectations. Revenue in the three months ended in September rose 14 … More: continued here