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Moya Greene, head of Royal Mail, claims centuries-old postal operator was not floated too cheaply as shares soar almost 50pc above privatisation price More: continued here

Shares in Royal Mail rise 3% on the company's first day of full trading on the London Stock Exchange. More: continued here

Around 100 million free shares have been allocated for eligible employees of Royal Mail, giving a total initial market value of £489m. Each eligible full-time employee in Royal Mail is entitled to 725 … More: continued here

Suspicious briefcase causes post office closureUpperMichigansSource.comIRON MOUNTAIN — The Iron Mountain Police Department reports that the post office and Ludington Street were closed on Tuesday due to a suspicious briefcase found in the lobby of the building. Police report that the facility was evacuated and closed for … More: continued …

By Kylie MacLellan and William James LONDON (Reuters) – Shares in Royal Mail peaked 48 percent above their privatisation price on Tuesday as a committee of MPs said it planned to summon bankers and the business minister to a parliamentary inquiry into the sale. The government, which last week priced …

ABC News (blog) USPS places fitness stamps on holdAtlanta Journal Constitution (blog)Update: A USPS spokesperson says no decision has been made to destroy the stamps. Such a decision would occur later this year. It's tough being a kid. It's even tougher learning to be tough with namby pamby adults running …

Shares of FedEx Corp. climbed to an all-time high Tuesday after the package delivery company said that it will buy back up to 32 million of its common shares. Stock repurchases reduce the number of shares … More: continued here

The Independent Royal Mail investors bank £356 profit as shares start trading – but the price …The IndependentRoyal Mail chief executive Moya Greene who opened official trading in the shares at the London Stock Exchange today, said: “This marks the exciting next phase in our company's long and proud history. …

LONDON (AP) — Small shareholders in Royal Mail on Tuesday had their first opportunity to cash in on the stock's spectacular stock market debut. More: continued here

FedEx Corp. (FDX) surged to an all time high after the operator of the world’s largest cargo airline authorized a buyback plan of as much as 32 million shares, its biggest repurchase program ever. More: continued here