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SFGate Rare stamp sets record at NYC auctionSFGateNEW YORK (AP) — A 1-cent postage stamp from a 19th century British colony in South America has become the world's most valuable stamp— again. The 1856 British Guiana One-Cent Magenta sold Tuesday at auction in New York for $9.5 million, … More: continued …

FedEx earnings came in at $2.46/share, against… More: continued here

'Mona Lisa' of postage stamps is again world's most expensivePress HeraldDavid Beech, a longtime curator at the British Library who retired last year, has compared it to buying the “Mona Lisa” of the world's most prized stamps. The last owner was John E. du Pont, an heir to the du …

FedEx on Wednesday reported a surge in earnings for the quarter ending May 31 and buoyed hopes for rising stock prices in coming months. More: continued here

North Korea releases World Cup postage stampsGlobalPostNorth Korea has released a set of postage stamps to mark the World Cup in Brazil, state media reported Wednesday, reflecting the high popularity of the sport in the reclusive state. The sheet of postage stamps and three single commemorative stamps… More: continued here

eBay Buys AppTek's Machine Translation Tools – Analyst Blog More: continued here

eBay's New Mobile App Sells Your Stuff So You Don't Have ToBusiness InsiderThey'll give you a valuation quote, which you can accept or decline. If you accept, your items are posted and given two weeks to sell on eBay. After the item sells, you keep 70% of the profits. eBay …

Reports Q4 operating income $475M, up 3% from an adjusted $460M a year ago. Including charges, last year’s operating income was $0. Reports Q4 operating margin of 6.8%, up from an adjusted 6.6% the previous … More: continued here

Jefferies Group Initiates Coverage on Royal Mail (ROYMF)Ticker ReportAnalysts at Citigroup Inc. upgraded shares of Royal Mail from a “sell” rating to a “neutral” rating in a research note on Friday, May 23rd. Separately, analysts at Berenberg Bank initiated coverage on shares of Royal Mail in a research note on …

(Reuters) – FedEx Corp reported a better-than-expected 3.5 percent rise in quarterly revenue as the world's No. 2 package delivery company benefited from higher volumes in its ground business. FedEx Ground's average daily volume increased 8 percent in the fourth quarter ended May 31, primarily driven by growth in e-commerce, …