Carl Icahn says he is prepared for a proxy fight to win two seats on the board of eBay Inc. and push the company to split off its PayPal unit. In an interview Thursday night, Mr. Icahn said he expects eBay to resist the proposal, as eBay executives and directors have done. "The company seems…
Plans to upgrade a town's post office will improve the branch and help keep it open, a local MP says. More: continued here
The Times (subscription) Royal Mail surges ahead, but it's not the total packageThe Times (subscription)An increase in postal prices has kept Royal Mail on course for annual profits of more than £500 million, despite missing out on the boom in internet shopping deliveries over Christmas. In a keenly awaited trading report — not least for…
abc13.com Stamp prices due to rise by three cents Sundayabc13.comWASHINGTON — The U.S Post Office is raising the price of stamps Sunday by three cents, from 46 to 49 cents. It's the largest increase in consumer postage prices in more than a decade. The hike will affect millions of people, even though fewer …US Post…
Should You Buy eBay After Earnings?Motley FooleBay (NASDAQ: EBAY ) has recently reported solid financial performance for the fourth quarter of 2013. In addition, activist investor Carl Icahn has taken a position in the company and is pushing hard for eBay to spin off its high-growth PayPal segment. More: continued here
Goldman Sachs Group Inc. (GS) is working for EBay Inc. (EBAY) as it faces calls from Carl Icahn to split off its PayPal unit, people with knowledge of the matter said, the investment bank’s latest assignment with a technology company facing an activist investor. More: continued here
Royal Mail boss Moya Greene could pick up bonus of nearly £1.4MILLION this …Mirror.co.ukRoyal Mail chairman Donald Brydon sparked anger when he said Greene was the “lowest paid chief executive in the FTSE 100”, and would push for a rise to ensure she stayed. The average pay and perks package for a chief executive of…
NEW YORK (TheStreet) – Billionaire activist investor Carl Icahn's proposal to split eBay's fast growing PayPal business from the company's online auction marketplace may boil down to one question: Can eBay still convince Wall Street it is the next Amazon ? For eBay management and shareholders that may be the hundred billion dollar elephant in…
Postage Hike Savings Die Saturday, Stamps.com, UPS, and FedEx Mirror24/7 Wall St.If prices of goods or services are rising or falling, it often means that someone is winning and someone is losing as a result. As a general service reminder, and hopefully a money-saving reminder, Saturday is the last day to buy postage stamps from…
Pricier parcels are delivering boost for Royal MailYorkshire PostRevenues from UK letters were down by three per cent on a like-for-like basis in the nine-month period, although Royal Mail said this was better than the rate of four per cent lower seen in the first six months of the period. Chief executive Moya … More:…