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eBay is asking its millions of users to reset their account passwords following a cyberattack on servers storing non-financial customer information. More: continued here

Royal Mail Posts £430m In Full-Year ProfitsSky NewsRoyal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous year – a rise of 6.7%. But the company …

Shares fall in Royal Mail as it warns that competition from rivals could hurt its future revenues. More: continued here

EBay Discloses Cyberattack, Working with Law EnforcementTheStreet.comNEW YORK (TheStreet) – E-commerce giant eBay (EBAY) said on Wednesday cyberattackers hacked into a small number of employee log-in credentials, allowing unauthorized access to the company's corporate databases. As a result, the online marketplace … More: continued here

Group revenue rose 2% to £9.46 billion, with a 7% rise in parcel revenues offsetting a 2% fall in the UK letter business which declined to £4.63 billion. However, parcel volumes were flat at 1.06 billion items compared with 2012-13. More: continued here

Royal Mail has announced a rise in annual profits after revenues growth from parcel deliveries more than offset a further decline in letter volumes. In its first set of results since its controversial £3.3 billion stock market flotation in October, the company said operating profits after transformation costs were £430 …

Royal Mail warns public service at risk without regulationITV NewsRoyal Mail warns public service at risk without regulation. Newly-privatised Royal Mail has announced a 12 percent rise in full-year profit, but says its business is facing tough headwinds from increasing competition. Bosses are warning that the public … More: continued …

Royal Mail notched up a 7 per cent rise in earnings in its first set of annual results since the Government's controversial float of the postal service. More: continued here

Royal Mail, AstraZeneca, Unilever are Europe's Stocks in FocusWall Street Journal (blog)“We are facing a couple of headwinds,” said Chief Executive Officer Moya Greene. “The competitive environment on the parcels side is more intense.” Cantor Fitzgerald analysts said the negative comments were “probably made in part to ensure investor … More: …

Shares drop as postal delivery service warns of headwinds in parcels and letters More: continued here