Telegraph.co.uk Cameron hails Royal Mail success as shares close up 38pc on first dayTelegraph.co.ukRoyal Mail shares closed up 38pc at 455p on the first day of trading, the biggest one day rise of a privatised company, as Prime Minister David Cameron declared the sale a success. After a heavily oversubscribed …
Read More »Royal Mail shares close 34% higher after London debut – RTE.ie
Royal Mail shares close 34% higher after London debutRTE.ieShares in Royal Mail have closed a third higher following their first day of trading on the London stock market. The 34% rise from the 330p offer price has fuelled the debate about whether they had been priced too low in order …
Read More »Hedge fund investing in Royal Mail employs George Osborne’s friend – Telegraph.co.uk
Telegraph.co.uk Hedge fund investing in Royal Mail employs George Osborne's friendTelegraph.co.ukLansdowne Partners, one of the world's biggest hedge funds, has invested in Royal Mail and is said to have a £50million stake in the company. After a day of frantic trading the value of its shares has risen by £18million. …
Read More »Royal Mail’s instant billions a temptation for Canada Post: Don Pittis – CBC.ca
Royal Mail's instant billions a temptation for Canada Post: Don PittisCBC.caThe reason for the Royal Mail's excitement, and why Canada Post might be hungry to follow suit, is something called leverage (or gearing). Government agencies are not allowed to borrow the way that private companies can. But the moment a …
Read More »Royal Mail share buyers make instant £250 as price soars
Share price rise of 35% will fuel accusations that the government undervalued Royal Mail and shortchanged the taxpayer The 690,000 people who managed to buy £750 of Royal Mail shares have made an instant paper profit of more than £250 after the shares soared by 35% when they started trading …
Read More »Royal Mail share buyers profit as price soars – The Guardian
The Guardian Royal Mail share buyers profit as price soarsThe GuardianThe 690,000 people who managed to buy £750 of Royal Mail shares have made an instant paper profit of almost £250 after the shares soared by 35% when they started trading on Friday. Royal Mail shares, which the government sold …
Read More »Royal Mail's instant billions a temptation for Canada Post: Don Pittis
Now that the 500-year-old Royal Mail in the U.K. is a private company worth a cool $7 billion, Canada Post must be looking on with envy, Don Pittis writes. While it looks privatization looks like a win-win situation, there is a catch. More: continued here
Read More »Royal Mail Shares Surge in Debut – New York Times
New York Times Royal Mail Shares Surge in DebutNew York TimesLONDON – Shares of Royal Mail rose 38 percent on their first day of trading on the London Stock Exchange on Friday, adding to criticism from some policy makers that the government sold a majority of Britain's main postal service …
Read More »Questor share tip: What to do with your Royal Mail shares – Telegraph.co.uk
Questor share tip: What to do with your Royal Mail sharesTelegraph.co.ukLast time I covered Royal Mail, I said people should cancel their holidays to take advantage of the offer and as conditional trading in the shares starts investors can see why. The shares that were issued by the government at …
Read More »Royal Mail shares soar on debut
Shares in Royal Mail close at 455p on their first day of conditional trading – up 38% on their initial 330p offer price. More: continued here
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