Telegraph.co.uk Royal Mail hearing turns into game of pass the parcel with MPsTelegraph.co.ukMeanwhile, Royal Mail's lack of “historic profitability,” together with its large pension fund, had all “weighed” on the IPO price. The bottom line, said Goldman and UBS, is that institutional investors would not have bought the stock at more than 330p … More:…
Post office last obstacle to roadSan Antonio ExpressTexas Department of Transportation $30.5 million expansion of U.S. 281 in Comal County is progressing according to schedule, except for one obstacle — the Spring Branch Post Office. The U.S. Postal Service will have to pack up its office and move, but … More: continued here
BBC News Bankers questioned on Royal Mail sell-offBBC NewsBankers who arranged the Royal Mail share sale in October have been grilled by MPs on the Business Select Committee, over whether a low share price meant taxpayers lost money. Managers from Goldman Sachs and UBS, who advised the government, … More: continued here
Debate heats-up over Royal Mail pricingStuff.co.nzGoldman Sachs and UBS bankers said Britain could not have sold the Royal Mail postal service at its current higher price, rejecting accusations that one of the biggest privatisations in years had short-changed taxpayers. The two banks, which led Royal… More: continued here
Telegraph.co.uk eBay sales of PS4 soarTelegraph.co.ukAccording to eBay there were 10,000 PS4s sold on the auction site from November 15 to November 17 alone; a rate of two consoles a minute. The average price is more than $200 above its retail price at $600, with “Buy it Now” prices higher still. The … More: continued…
Royal Mail sell-off adviser to Government 'cashed in' on profits after buying …Mirror.co.ukA Bank involved in advising the Government how much the Royal Mail was worth has made a profit after buying over 800,000 shares. Lazard – already being paid £1.5million for its role – invested in the 500-year-old firm through its asset management arm….
Argo officials laud Village Post OfficeSt. Clair TimesOfficials from the city of Argo and the U.S. Postal Service came to Argo Pharmacy and Gifts on Friday to cut the ribbon on a new Village Post Office, on U.S. 11. Pictured, from left, are Jacqueline Lewis, USPS marketing and business development; Carol … More: continued here
Telegraph.co.uk We were right to value Royal Mail at £3.3bn, say bankersTelegraph.co.ukBut the bankers insisted that the Government could not have sold 60pc of Royal Mail, some 600m shares, at a higher price, even though the shares have jumped from their 330p offer price to 550p. On the first day of trading last month, shares…
Food Stamp Spending and Caseload Are Declining, Report SaysNew York Times (blog)The money spent on food stamps and the number of people who receive them are declining as the economy has improved, according to a report released Wednesday, even as the program remains a source of contention in congressional negotiations to …E. Field: Wrong prioritiesLewiston Sun…
Opposing Views How To Halve The Cost Of Food Stamps Without Cutting A DimeThinkProgressfood_stamps_tpftd The government spent less on food stamps as a percentage of GDP this year than it did in 2012, the Center on Budget and Policy Priorities (CBPP) reported Wednesday. The new projections show that lawmakers who argue for reducing …Food stamp recipients…