UPDATE 1-UK regulator says no reason to investigate Royal Mail sell-offReutersLast October, Britain sold 60 percent of Royal Mail at 330 pence per share, ending 500 years of state control and raising 2 billion pounds ($3.36 billion) for the public purse. However, the firm's share price has since risen by as much as 87 percent…
Modesto Bee Modesto post office lawsuits settled out of courtModesto BeeFILE PHOTO — Developer Peter Janopaul III wants to convert the old El Viejo Post Office at 12th and I streets in downtown Modesto into 10 three-story lofts and a penthouse for residential use. Each of the 10 lofts will have two of the arched…
Margaret Hodge, the Labour MP and chairman of the Public Accounts Committee (PAC), said the share price had ‘exploded’ on the first day. More: continued here
All played post officeNorth Coast & Cannon Beach CitizenThe last I read about it, they were going to start eliminating or reducing the hours of as many rural post offices as possible. It kind of looks as if they picked the action that will affect a whole bunch of people who don't have much political…
The Courier Fresh grilling over Royal Mail saleThe CourierThe controversial privatisation of Royal Mail will come under the spotlight again this week with a series of hearings by MPs and renewed questioning of the Business Secretary. Vince Cable has been recalled by the Business Select Committee on Tuesday to … More: continued here
Mobile Marketing Watch Why eBay Is Heading To $60Seeking AlphaAlthough eBay is still posting strong growth numbers, both from its Marketplace and from the PayPal division, activist investor Carl Icahn, who owns 2% of eBay's stock, has rattled eBay's boardroom by demanding the company to spin off the PayPal …Mobile Now Central to eBay's Business…
SAN FRANCISCO — The Advisory Council on Historic Preservation has issued a report to Congress that criticizes the U.S. Postal Service's disposal of historic properties and calls for suspension of all sales until a host of recommendations are implemented. More: continued here
Analysts are expecting the online retailer to post steady earnings and revenue growth, but are beginning to raise some concerns about eBay’s competitive landscape. More: continued here
Cable grilled for third time over Royal MailCITY A.M.In October last year the government sold 60 per cent of Royal Mail at 330 pence per share, ending 500-years of state control and raising £2bn for the public purse. However the company's share price has since risen by as much as 87 per cent, drawing ……
* FCA says failure one of pricing, not regulatory * Royal Mail shares still 55 pct above offer price (Adds quotes, details) LONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said a sharp rise in the…