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Ministers accused of selling off Royal Mail too cheaply – Financial Times

October 4, 2013 Royal Mail 0

Telegraph.co.uk Ministers accused of selling off Royal Mail too cheaplyFinancial TimesMinisters face accusations that they are selling off Royal Mail more than £1bn too cheaply amid strong demand for the shares, despite signalling that the stock will be priced near the top of the expected range. Bankers handling the sale …

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Royal Mail property windfall 'would go to shareholders'

October 4, 2013 Royal Mail 0

Grey market trading now suggests 368p a share, above the initial estimate of 260p to 330p, after bosses confirmed property sale proceeds would not go to the pension fund.         More: continued here

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FBI shutters Silk Road, an eBay-like drug bazaar: victory or defeat? [POLL] – Naked Security

October 4, 2013 ebay 0

Mintpress News FBI shutters Silk Road, an eBay-like drug bazaar: victory or defeat? [POLL]Naked SecurityScreenshot of seized Silk Road website After seizing the domain and servers of Silk Road – a black market, eBay-like online bazaar for heroin, ecstasy, other illegal drugs and every known type of prescription drugs – …

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Royal Mail Sale 'Rush' Fears As Delivery Offices, Mail Centres Could Be Sold

October 4, 2013 Royal Mail 0

Ministers have been accused of rushing to sell Royal Mail "on the cheap" as the firm is set to rake in billions from selling a number of mail centres and delivery offices. Members of the Communication Workers Union are currently voting on whether to strike over issues linked to the …

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Royal Mail shares 'now expected to price between 300p and 330p'

October 4, 2013 Royal Mail 0

The sale of the postal service, which potentially values it at up to £3.3billion, is now expected to price between 300 and 330p per share. More: continued here

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White Flint post office will not remain in mall — Gazette.Net

October 4, 2013 Post Office 0

The U.S. Postal Service is planning to move its White Flint Mall location to a permanent spot outside the mall, according to an Oct. 1 statement from USPS. More: continued here

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Royal Mail strike ballot extended as Ministers press on with sell-off – Derby Telegraph

October 4, 2013 Royal Mail 0

Derby Telegraph Royal Mail strike ballot extended as Ministers press on with sell-offDerby TelegraphIt is selling off at least 41% of its stake in Royal Mail, which, together with giving away 10% to employees, means it will no longer own the majority. As part of the privatisation, Royal Mail would …

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UPDATE 1-Royal Mail to price sale at upper end of range-sources – Reuters UK

October 4, 2013 Royal Mail 0

UPDATE 1-Royal Mail to price sale at upper end of range-sourcesReuters UKLONDON Oct 4 (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company …

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Village Post Offices coming to Missouri (AUDIO) – Missourinet.com

October 4, 2013 Post Office 0

Village Post Offices coming to Missouri (AUDIO)Missourinet.comMissouri is getting its fifth Village Post Office today. It's part of a new service direction for the United States Postal Service. The facility will be in the City Hall in Downing, a town of about 335 people north of Kirksville. Although Downing …Village …

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Royal Mail Privatisation: Shares 'May Reach 450p' in IPO

October 4, 2013 Royal Mail 0

CWU says strikes are likely if its members vote for industrial action over the sell-off. More: continued here

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