TCI fans flames over Royal Mail priceFinancial TimesOne of the world's most aggressive hedge fund activists has taken a 5 per cent stake in Royal Mail, fanning the flames of a political furore over whether the 500-year-old company was sold too cheaply. The Children's Investment Fund disclosed a holding … More: continued here
The Guardian Hedge fund TCI lands 5.8% Royal Mail stake: the questions get harder for Vince …The Guardian… Mail stake: the questions get harder for Vince Cable. Was it really worthwhile trying to endow Royal Mail with a cadre of 'long-term blue-chip' institutional investors if an aggressive hedge fund becomes the biggest non-government shareholder anyway?…
FedEx Corp. projects its busiest shipping day this holiday season will be Cyber Monday, Dec. 2, with online retailers driving an 11 percent increase from 2012 to produce the company’s highest volume in history. More: continued here
UT The Daily Texan Campus post office will remain open through February 2016UT The Daily TexanThe lease for UT's on-campus post office has been extended through February 2016 after representatives of University Operations, University Mail Services and the United States Postal Service met on Oct. 17. The lease, initially set to expire in … More:…
FedEx expects that holiday shoppers will be more nice than naughty this year, with shipments rising from 2012. The company said Wednesday that it expects to carry more than 22 million shipments on the … More: continued here
Telegraph.co.uk Post office managers to strike on Friday for first time in 34 yearsTelegraph.co.ukA Post Office spokesman said: "We are disappointed that Unite has chosen to call industrial action at a time when we are continuing constructive discussions to resolve the current dispute. We are confident that the majority of our managers do not …Post…
As it moves further away from auctions, investors wait to see if the company can grow into its e-commerce and mobile payments business. More: continued here
Belfast Telegraph Post Office managers act in pay rowBelfast TelegraphThe union accused the Post Office of "dragging its feet" for 16 months over a pay deal and warned of further industrial action if the dispute is not resolved. National officer Brian Scott said: "Unite members will not undertake any overtime, will …Post Office Managers Protest…
Stroud News and Journal Post Office managers act in pay row newBelfast Telegraph"This is an important day for Unite members in the Post Office. They are keen to impress upon their employer their dissatisfaction with the failure to reach a pay agreement with the union and see this an opportunity to protest. "No-one wants to…
Post Office managers are to take their first industrial action in 34 years in a dispute over pay. More: continued here