One of the lead banks on the float of Britain's Royal Mail said the government could not have sold its stake in the postal firm at the price the shares are trading at now. On Wednesday bankers, including from UBS and Goldman Sachs which managed the initial public offering (IPO), …
Read More »Area residents get $8.2 million in food stamp settlement – Rochester Democrat and Chronicle
Area residents get $8.2 million in food stamp settlementRochester Democrat and ChronicleSHARE 42 CONNECTTWEETCOMMENTEMAILMORE. Nearly 14,700 low-income households in the Rochester region are expected to collectively get a one-time boost in food stamp assistance of over $8.2 million after their benefits were improperly denied. More: continued here
Read More »Royal Mail bank UBS tells clients to sell 'overvalued' shares
Swiss bank UBS, which helped float Royal Mail, has said the postal service's valuation is too high ahead of a grilling by MPs More: continued here
Read More »Questions over Royal Mail sale raise more for the Post Office – The Guardian
The Guardian Questions over Royal Mail sale raise more for the Post OfficeThe GuardianTake Royal Mail. It's now a truism that it was undervalued. Shares sold for 330p are now selling at 550p – a total difference in market valuation of a stonking £2.2bn. That's money the taxpayer missed out …
Read More »Broker snap: Royal Mail shares overvalued, says UBS
UBS has told clients to 'sell' their shares in Royal Mail, saying the postal service is now over-valued. More: continued here
Read More »Royal Mail bank UBS tells clients to sell ‘overvalued’ shares – Telegraph.co.uk
Mirror.co.uk Royal Mail bank UBS tells clients to sell 'overvalued' sharesTelegraph.co.ukUBS, one of the banks that ran the Royal Mail flotation, has told investors to offload shares in the postal service on the same day that advisers from the firm are due to appear before MPs investigating the share sale. …
Read More »Potter Stamps Released By USPS Cause Controversy – The Inquisitr
Potter Stamps Released By USPS Cause ControversyThe InquisitrSome of the more familiar Harry Potter characters such as Harry himself, played by Daniel Radcliffe in the movie adaptation of the novel, plus his friends Hermione Granger (Emma Watson) and Ron Weasley (Rupert Grint) made it to the Potter stamps. More: continued …
Read More »Royal Mail’s flawed sale bodes badly for the Post Office – The Guardian
The Guardian Royal Mail's flawed sale bodes badly for the Post OfficeThe GuardianAnd customers across the country wanting to use the 373 crown post offices will find them closed this afternoon because of strike action. The two events are closely related. They are taking place because of fears that both …
Read More »Crewe Post Office to be relocated
A TOWN'S main post office is set to be relocated inside a branch of WHSmith. The Post Office wants to move Crewe's existing Delamere Street branch to the WHSmith store in the Victoria Centre. Now shoppers and traders are being consulted about the plan. Crewe Town Post Office is currently …
Read More »MP tells Royal Mail to ‘stick it’ over Humberside address – Yorkshire Post
Hull Daily Mail MP tells Royal Mail to 'stick it' over Humberside addressYorkshire PostBeverley and Holderness Conservative MP Graham Stuart, who has long campaigned on the issue, said: “A sense of place is important to people in East Yorkshire and it's time that Royal Mail recognised that. “Residents, community leaders …
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