LONDON: Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. More: continued here
Read More »SNP Conference: Alex Salmond says an independent Scotland would … – The Independent
The Independent SNP Conference: Alex Salmond says an independent Scotland would …The IndependentAlex Salmond described the voters who will decide if Scotland leaves or remains part of the United Kingdom next year as the “independence generation” who had “tasted” devolution and now wanted the power to choose “a different path” …
Read More »EBay CEO Cites ‘Uncertainty’ for Weak 4Q Outlook – ABC News
EBay CEO Cites 'Uncertainty' for Weak 4Q OutlookABC NewsEBay said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' expectations, but … More: continued here
Read More »Royal Mail: Call for MPs who bought shares to admit how much money they made – Mirror.co.uk
Mirror.co.uk Royal Mail: Call for MPs who bought shares to admit how much money they madeMirror.co.uk… current rules, MPs do not have to declare small shareholdings. But Mr Irranca-Davies has written to Labour MP Kevin Barron, head of the Parliamentary Standards Committee, asking if Royal Mail shares should be a …
Read More »eBay Off 5%: Q3 Revenue Misses, EPS Beats; Q4 View Light – Barron’s (blog)
eBay Off 5%: Q3 Revenue Misses, EPS Beats; Q4 View LightBarron’s (blog)eBay (EBAY) this afternoon reported Q3 revenue that slightly missed analysts' expectations, profit per share that topped consensus, and forecast this quarter's sales and profit below expectations. Revenue in the three months ended in September rose 14 … More: …
Read More »As holidays near, food stamp recipients face cut – CNBC.com
As holidays near, food stamp recipients face cutCNBC.comThe modern-day food stamp plan, now called the Supplemental Nutrition Assistance Program, is scheduled to scale back benefits for all recipients next month because a recession-era boost in benefits is expiring. The cut comes as lawmakers also are …Study: Food stamps most rapidly growing …
Read More »EBay offers a weak fourth-quarter outlook – Boston Globe
Boston Globe EBay offers a weak fourth-quarter outlookBoston Globeexpected profit and revenue outlook. Third-quarter earnings edged past expectations, but revenue rose just short of estimates. Another challenge: A weaker dollar hurts overseas transactions. Annual profit and revenue will be at the low end of eBay's…EBay declines as company gives weak …
Read More »Vince Cable says strike risk at Royal Mail influenced price range – Reuters UK
Vince Cable says strike risk at Royal Mail influenced price rangeReuters UKLONDON (Reuters) – Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said on Friday the threat of industrial action had influenced the price-setting process. Shares in the Royal Mail … More: continued …
Read More »Vince Cable on the defence over Royal Mail float’s ‘lost millions’ – The Independent
Vince Cable on the defence over Royal Mail float's 'lost millions'The IndependentOn the day shares in Royal Mail hit 500p for the first time, Vince Cable, the Business Secretary, tried to defend himself against claims he cost taxpayers hundreds of millions of pounds by undervaluing the privatised postal operator. The …
Read More »UK's Royal Mail valued higher than sale price – FT report
LONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. In a report on Saturday, the Financial Times said Royal Mail was …
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