The Times (subscription) 'Locust' bites off biggest chunk of Royal Mail sharesThe Times (subscription)The Government has been forced on to the defensive after shares in Royal Mail soared from 330p, when it floated 12 days ago, to as high as 530p, prompting criticism that it had been sold too cheaply. …
Read More »Royal Mail Privatisation: CWU Union Demands Vince Cable’s Resignation – Huffington Post UK
Royal Mail Privatisation: CWU Union Demands Vince Cable's ResignationHuffington Post UKVince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general …
Read More »Royal Mail ‘Undervalued By Up To £6bn’ – Sky News
Daily Mail Royal Mail'Undervalued By Up To £6bn'Sky NewsSky News has learnt that corporate financiers from the Wall Street banking giant presented a spectrum for Royal Mail's value ranging from £7.75bn to £9.95bn – the top end of which was more than two-and-a-half times the price at which ministers …Jim …
Read More »eBay Founder Explains His Venture Into Journalism – NPR
eBay Founder Explains His Venture Into JournalismNPRPierre Omidyar, the founder of eBay, is the latest tech giant to make a bold bet on the future of journalism. Renee Montagne talks with the entrepreneur-philanthropist about his $250 million media venture. Share. Facebook; Twitter. Google+. Email … More: continued here
Read More »JARDINE: Modesto post office gathering delivers big message – Modesto Bee
Modesto Bee JARDINE: Modesto post office gathering delivers big messageModesto BeeA group of people attended a breast cancer awareness event at the Modesto post office on Kearney Avenue on Wednesday, October 23, 2013. At right, Kelly Kelly of the American Cancer Society attends the event. JEFF JARDINE — jjardine@modbee.com …and more » …
Read More »eBay Founder’s Foray Into Investigative Journalism Venture, Rainbow Hopes Yet? – Huffington Post
eBay Founder's Foray Into Investigative Journalism Venture, Rainbow Hopes Yet?Huffington PostA shy Iranian-American, who hit the headlines with his success story of eBay and the grandiloquent deal that went into it, has now set his target on the media world. Investigative journalism, to be precise. And, he is showing a …
Read More »Royal Mail: Campaigners fear secretive hedge fund will ‘interfere’ with postal … – Mirror.co.uk
Royal Mail: Campaigners fear secretive hedge fund will 'interfere' with postal …Mirror.co.ukCritics have voiced fears about a secretive hedge fund which has become Royal Mail's biggest private shareholder. TCI bought a 5.8% stake worth £312million – up £22m in a day – and hasn't ruled out buying more. The London-based …
Read More »Royal Mail shares: hedge fund takes biggest private stake – The Guardian
The Guardian Royal Mail shares: hedge fund takes biggest private stakeThe GuardianTCI's stake in Royal Mail came to light under stock market rules obliging investors to report holdings greater than 5%, and was seized on by government critics who argue that the business secretary failed small investors by selling the …
Read More »Royal Mail May Have Been Undervalued By Billions
JPMorgan told the Government earlier this year that it believed Royal Mail could be worth up to £10bn, including its debts, ahead of the postal operator's privatisation. Sky News has learnt that corporate … More: continued here
Read More »Royal Mail Privatisation: CWU Union Demands Vince Cable's Resignation
Vince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general secretary Billy Hayes said: "We now have a prima facie …
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