The Times (subscription) Royal Mail bathes in glow of Christmas greetingsThe Times (subscription)Royal Mail said this morning that Christmas cards had underpinned a like-for-like increase in its December stamped mail volumes and helped push group revenues up 2 per cent overall on a like-for-like basis in the nine months to …
Read More »EBay reliance on PayPal for growth lowers chances of spinoff
EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. The marketplaces business, eBay's biggest, is growing at a slower rate than both PayPal and eBay rival Amazon.com Inc. …
Read More »Price of Stamps Going Up Sunday – Patch.com
Price of Stamps Going Up SundayPatch.comA temporary price hike of 3 cents for a first-class stamp has been OK'd bringing the charge to 49 cents a letter to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn. Courtesy USPS/PRNewswire. Loading. More: continued here
Read More »Royal Mail delivers 417,000 parcels an hour during Christmas
The 500 year old postal service delivered more than 10m parcels on the busiest day during the festive period. More: continued here
Read More »Royal Mail enjoys December parcel bonanza – Proactive Investors UK
Royal Mail enjoys December parcel bonanzaProactive Investors UKElectronic Christmas cards have not yet supplanted the real thing, Royal Mail (LON:RMG) revealed in a trading statement. “We were delighted to see that people continue to send seasonal good wishes, with Christmas cards underpinning a like-for-like … More: continued here
Read More »Price of stamps goes up this weekend
If you have letters or bills to mail, you might want to rush. Saturday is the last day when it will cost you 46 cents. Starting Sunday, you'll pay more — 49 cents. The planned 3-cent hike is the largest … More: continued here
Read More »Royal Mail sales boosted by parcel demand – The West Australian
The West Australian Royal Mail sales boosted by parcel demandThe West AustralianLONDON (Reuters) – Royal Mail Group, sold off last October in Britain's biggest privatisation in decades, said underlying sales for the nine months to December 29 rose 2 percent, helped by strong parcel demand over Christmas. The postal firm, …
Read More »Exclusive: Icahn’s stake in eBay close to 2 percent – source – Reuters
Exclusive: Icahn's stake in eBay close to 2 percent – sourceReuters(Reuters) – Activist investor Carl Icahn's stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday. EBay said this week that Icahn had taken a …
Read More »Royal Mail delivers 115m parcels
Royal Mail handled 115 million parcels in December as the newly-privatised delivery firm continues to reap the benefit of the online shopping boom. More: continued here
Read More »Royal Mail delivers 417,000 parcels an hour at Christmas
Online boom sees service deliver over 10m parcels on busiest day during festive season More: continued here
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