Royal Mail staff to get shares worth up to 300 million pounds in IPO: reportReuters(Reuters) – Royal Mail employees will get shares that could be worth as much as 300 million pounds as part of the British government's plans to list the state postal operator, Sky News reported, in what would be Britain's biggest privatization…
Royal Mail privatisation: Poll reveals two-thirds aware of sell-off are against itMirror.co.ukFears hat the Government is trying to privatise the Royal Mail by “stealth” were fuelled by a poll out today. Just 53% of the public are aware of the controversial sell-off of the postal giant. And of those who are, a massive 67% are…
Hedge fund has history of prying profits out of reluctant companies. More: continued here
GOOG, YHOO, EBAY, AMZN, AOL Citi's Favorite Internet Names, Starts OPEN at …Barron’s (blog)Citigroup's Mark May, formerly with Barclays, this afternoon starts coverage of eleven Internet stocks, after taking over from Mark Mahaney who left earlier this year for RBC Capital. May starts Google (GOOG), Amazon.com (AMZN), eBay (EBAY),Yahoo!and more » More: continued here
Shares of FedEx rose as much as 8 percent Tuesday on investor speculation. More: continued here
Yarnell Post Office reopens after wildfireKPHO PhoenixThe Postal Service has resumed operations at the Yarnell Post Office, which had been closed since July 1 when most of the community was evacuated by a wildfire. Authorities say the post office wasn't damaged by the blaze. All customers served by the …and more » More: continued here
House GOP leaders face stiff resistance as they furiously whip a farm bill stripped of food stamps, running up against angry Democrats and failing to win over conservative groups that helped sink the bill the last time it came to the floor. More: continued here
Get Food Stamps Out of the Farm BillBloomberg (blog)If anything good has come from Congress's refusal to approve a new farm bill last month, it's this: There's now serious talk of separating agriculture subsidies from the food-stamp program. By marrying the two programs in the late 1970s, Congress all … More: continued here
Christian Science Monitor Will GOP plan to cut food stamps save the farm bill … or kill it?Christian Science MonitorBy splitting off the food stamp title of the bill, which accounts for 80 percent of the nearly $1 trillion bill, GOP leaders hope to attract back enough conservative Republican votes to pass the measure. That…
Business Secretary Vince Cable is expected to announce the flotation of Royal Mail which will mean people will be able to buy shares in the company. Members of the Communication Workers Union overwhelmingly oppose the scheme. More: continued here