Royal Mail shares climbed further today to value the company at almost £1.5 billion sterling over its initial flotation price. More: continued here
Read More »Post Office to drop 'unsafe' stamps
The U.S. Postal Service will destroy an entire series of stamps because they're deemed "unsafe." Erin Burnett reports. More: continued here
Read More »Computer failure temporarily halts some food stamp payments – Fortune
Computer failure temporarily halts some food stamp paymentsFortune(CNN) — A computer failure temporarily halted the processing of food stamp purchases in parts of the country Saturday. A system shutdown began at 11 a.m. ET Saturday and affected 17 states, said a spokeswoman for Xerox — which is a contractor for …
Read More »Royal Mail shares hit high of 475p
Shares in the letter and parcel delivery firm rose to 475.3p – valuing it at nearly £4.8bn – on continued demand from investors More: continued here
Read More »A Walmart Shopping Frenzy After Food Stamp Cards Malfunction – TIME
Atlanta Journal Constitution A Walmart Shopping Frenzy After Food Stamp Cards MalfunctionTIMEA technical glitch that eliminated spending limits on the debit cards used for food stamps set off a bizarre shopping frenzy at Walmart stores in Louisiana on Saturday night, local CBS affiliate KSLA reports. Customers cleared shelves and police …
Read More »Earnings for eBay (EBAY) Projected to Rise
Analysts expect higher profit for eBay when the company reports its third quarter results on Wednesday, October 16, 2013. The consensus estimate is calling for profit of 53 cents a share, reflecting a rise from 49 cents per share a year ago.The consensus estimate is down from three months ago …
Read More »Royal Mail resumes climb but FTSE stays flat – Financial Times
Royal Mail resumes climb but FTSE stays flatFinancial TimesAppetite for Royal Mail shares was still in evidence on Monday, although the wider market remained flat as wary investors awaited signs of a breakthrough in the stalemate in Washington over the US budget. Royal Mail, the UK's newly privatised postal …and …
Read More »Former Apple boss says it should buy big companies – T3
Former Apple boss says it should buy big companiesT3“Apple's never been an acquirer of big companies before, and when you look at the [Apple digital ticket system] Passbook, and fingerprint recognition – what would it mean if Apple went out and bought eBay? And they had PayPal, and integrated that?,” …
Read More »House Republican frets food stamps are being used to buy medical marijuana – Raw Story
Raw Story House Republican frets food stamps are being used to buy medical marijuanaRaw StoryRep. Virginia Foxx (R-NC) on Friday defended a $40 billion cut to the food stamp program, known officially as the Supplemental Nutrition Assistance Program, by claiming that beneficiaries were using the federal program to buy pot. …
Read More »Earnings for eBay (EBAY) Projected to Rise – Forbes
Earnings for eBay (EBAY) Projected to RiseForbesAnalysts expect higher profit for eBay when the company reports its third quarter results on Wednesday, October 16, 2013. The consensus estimate is calling for profit of 53 cents a share, reflecting a rise from 49 cents per share a year ago. The …and …
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