Now that the 500-year-old Royal Mail in the U.K. is a private company worth a cool $7 billion, Canada Post must be looking on with envy, Don Pittis writes. While it looks privatization looks like a win-win situation, there is a catch. More: continued here
New York Times Royal Mail Shares Surge in DebutNew York TimesLONDON – Shares of Royal Mail rose 38 percent on their first day of trading on the London Stock Exchange on Friday, adding to criticism from some policy makers that the government sold a majority of Britain's main postal service too cheaply. Royal Mail … More:…
Questor share tip: What to do with your Royal Mail sharesTelegraph.co.ukLast time I covered Royal Mail, I said people should cancel their holidays to take advantage of the offer and as conditional trading in the shares starts investors can see why. The shares that were issued by the government at 330p, have jumped to 440p…
Let’s play a little game. Look at the 15 stamps above, which were a part of the no-longer-upcoming Michelle Obama “Just Move” campaign for the U.S. Postal Service. More: continued here
Shares in Royal Mail close at 455p on their first day of conditional trading – up 38% on their initial 330p offer price. More: continued here
Shutdown puts sale of Yankton post office on holdRapid City JournalYANKTON | Officials say the government shutdown has put the sale of the Yankton post office on hold. The Yankton Press and Dakotan reports (http://bit.ly/1hHVTyE) that the federal website where the property was listed is not online because of the …and more » More: continued here
ABC News (blog) White House Calls Postage Stamps Encouraging Fitness UnsafeABC News (blog)A collection of U.S. postage stamps encouraging kids to play sports and lead active lifestyles was recalled after White House officials deemed the activities involved, like skateboarding and cannonballing into a swimming pool, unsafe, according to a …White House calls postage stamps unsafeWSB…
Americans Significantly Overestimate The Percent Of People On Food StampsBusiness InsiderWe asked over 500 respondents to write in an estimate of several different statistics, including the number of Americans participating in the Supplemental Nutritional Assistance Program, commonly known as food stamps. Around 14.3% of the nation is on … More: continued here
BBC News Was Royal Mail sold too cheaply?BBC NewsWith £27bn of investors' money having chased shares priced at just £1.7bn, and with Royal Mail's share price trading at more than 450p this morning, compared with the 330p a share the government is receiving, there is a certainly a case for saying the … More: continued here
Royal Mail soared by more than £1 billion in value during a storming first day of trading, netting big profits for investors but prompting accusations that the Government sold it too cheaply. More: continued here