The Independent Royal Mail workers to strike in November over issues linked to controversial …The IndependentIn an attempt to settle the dispute, Royal Mail said on Tuesday that its staff would receive 725 shares each in the public company, worth just under £3,500 at yesterday's share price close. CWU deputy …
Read More »eBay Had Some Really Scary Things To Say About The Outlook For The… – Business Insider
TameBay eBay Had Some Really Scary Things To Say About The Outlook For The…Business InsiderYesterday, on eBay's earnings conference call, CFO Bob Swan had some worrying things to say about the outlook for U.S. consumer spending going into the holiday shopping season. "First, from a macro standpoint, Europe and [Asia-Pacific] …
Read More »EBay Drops as Holiday Forecast Falls Short: SF Mover
The shares declined 5.3 percent to $50.71 as of 9:38 a.m. in New York , after dropping as low as $50.23, the biggest percentage drop since July. More: continued here
Read More »Early movers: VZ, GS, BX, IBM, AXP, EBAY & more – CNBC.com
Early movers: VZ, GS, BX, IBM, AXP, EBAY& moreCNBC.comEBay– EBay earned 64 cents per share, excluding certain items, for the third quarter, beating estimates by one cent. However, the online auctioneer's current quarter guidance falls below current consensus, with eBay pointing to a weak U.S. economic …and more » More: continued here
Read More »Study: Food stamps most rapidly growing welfare program
Food stamps are the most inefficient, vastly expanding social welfare program in the country, according to a new study. More: continued here
Read More »Royal Mail workers vote for strike action – Telegraph.co.uk
Telegraph.co.uk Royal Mail workers vote for strike actionTelegraph.co.ukAs part of the Royal Mail's stock market listing, almost all of the 150,000 eligible UK-based workers received free shares amounting to 10pc of the company. Royal Mail shares were trading around 470p in the afternoon, down from a high of 491p yesterday …
Read More »Royal Mail shares start to attract short-sellers
Royal Mail has started to draw the attention of short-sellers, but data suggests there is a lack of conviction among traders that shares in the postal service will drop. More: continued here
Read More »Tech stocks: eBay, IBM slide; Google earnings next – USA TODAY
Jutia Group Tech stocks: eBay, IBM slide; Google earnings nextUSA TODAYShares of eBay and IBM have taken a hit in early morning trading following quarterly earnings reports that fell short of Wall Street expectations. IBM stock has plunged nearly 6.5% after reporting Wednesday its revenue dipped 4% during the third …
Read More »The World According to EBay’s CEO – Bloomberg
Bloomberg The World According to EBay's CEOBloombergDuring the company's earnings call, Chief Financial Officer Bob Swan used the word "angst" to describe the company's emotional response to "dramatically decelerating" growth rates in U.S. e-commerce. And while EBay described the country as in a state …and more » More: continued here
Read More »Royal Mail: ‘99.9pc of emails were sent on day one’ – Telegraph.co.uk
Telegraph.co.uk Royal Mail: '99.9pc of emails were sent on day one'Telegraph.co.ukAlmost all Royal Mail shareholders who bought via the official government website were sent key information yesterday that allows them to sell their shares, according to the company that runs the scheme. A total of 99.93pc of emails containing the …
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