Analysts point to strong cashflow and dividend hopes, despite growing competition Royal Mail is in demand after a positive note from HSBC. The bank has begun coverage of the postal service with an overweight rating and 710p price target, valuing the business at more than £7bn. There was of course, some controversy over the valuation…
Vince Cable was correct to ignore investment bankers' efforts to value Royal Mail at billions of pounds more than the company was eventually privatised for, the public spending watchdog will say this week. … More: continued here
GPB Feds Warn Georgia Over Food Stamp Drug Tests BillGPBDuring its journey through the General Assembly, a bill that would require drug testing for some applicants for food stamps and welfare generated controversy and drew fierce opposition from Democrats. Ultimately, though, House Bill 772 was approved on …Fight over food stamp drug tests may be…
A VILLAGE post office has been recognised for the support it gives to the international Fairtrade initiative. More: continued here
NAO Delivers Verdict On £3bn Royal Mail FloatYahoo News UKVince Cable was correct to ignore investment bankers' efforts to value Royal Mail at billions of pounds more than the company was eventually privatised for, the public spending watchdog will say this week. Sky News has learnt that the National Audit … More: continued here
Carl Icahn Is Right: PayPal Is the Killer AppMotley FoolActivist investor Carl Icahn is known for taking on big fights. Recently he's been agitating the waters at online auction giant eBay (NASDAQ: EBAY ) . A major piece of this battle is over the current and future potential of PayPal. Whether or not the ……
Another round of food stamp cuts in statesDetroit Free PressA fresh round of food stamp cuts at the state level are underway, on top of federal food stamp reductions that hit millions of Americans twice since November. In some states, policymakers have imposed additional cuts that jeopardize benefits for …and more » More: continued here
MSP hits out at Royal Mail job cutsCarrick Today“The privatisation of Royal Mail was a deeply flawed Westminster decision – opposed by the vast majority of Scottish MPs – which threatens to have particularly harmful consequences for Scotland, where so many of our rural communities and so much of our … More: continued here
Banking group announces 'extended services', while critics warn of possible branch closures Millions of NatWest and Royal Bank of Scotland customers will soon be able to do more of their banking at the post office, the banking group has announced. However, the move has raised fears that it will now be easier for it to…
Rivals including TNT are now using more cycles to push mail – so why is the UK's iconic postal service giving up? The new year will mark the end of an era for the Royal Mail. Its postal staff will stop using the red Pashley Mailstar, once a common sight across the UK. Since 2010…