Bill Ackman is reportedly eyeing a billion-dollar bet on a major U.S. company and FedEx was rallying Tuesday on speculation it could be the object of the hedge fund manager’s affection. More: continued here
Read More »Royal Mail staff to be offered up to £2000 each as part of privatisation – The Guardian
The Guardian Royal Mail staff to be offered up to £2000 each as part of privatisationThe GuardianThe government has already committed to granting 10% of the shares to Royal Mail staff, but has yet to state whether they would be given away for free or at a steep discount. Sources …
Read More »Peterborough Royal Mail workers return to work – BBC News
Peterborough Royal Mail workers return to workBBC NewsRoyal Mail spokesperson Sally Hopkins said: "We'd like to apologise to customers for the recent disruption to service as a result of the unballoted industrial action taken by the Communication Workers Union over the last few days. "We're doing all we … More: …
Read More »Royal Mail staff to be offered up to £2,000 each as part of privatisation
Communications union says postal workers will not ‘sell their souls’ for a 10% stake in the ‘great British flog-off’ More than 100,000 postmen and women will be promised a personal windfall of up to £2,000 each as part of the controversial £3bn privatisation of Royal Mail. Vince Cable, the business …
Read More »FedEx Rises on Speculation Bill Ackman May Acquire Stake
FedEx Corp. (FDX) rose the most in 19 months on speculation that it may be an investment target for William Ackman ’s Pershing Square Capital Management LP, an Edward Jones analyst said. More: continued here
Read More »U.S. House to Split Food Stamps From Farm Bill, Aide Says
U.S. House leaders have decided to split food stamps and other nutrition programs from farm subsidies and bring an agriculture-only bill up for a vote before the August recess, a Republican leadership aide said. More: continued here
Read More »NEW: Guntersville Post Office to try to Deliver Mail Following Methanol Spill
GUNTERSVILLE, Ala. (WHNT) – The Guntersville Post Office remains closed following a chemical spill earlier Tuesday that caused two employees… More: continued here
Read More »Why a Separate Vote on Food Stamps Is a Bad Idea for House Republicans – The Atlantic Wire
The Atlantic Wire Why a Separate Vote on Food Stamps Is a Bad Idea for House RepublicansThe Atlantic WireAfter the failure of the Republican-dominated House to pass a new Farm Bill—omnibus legislation that includes subsidy support for farmers as well as the federal food stamp program—party leaders are considering splitting …
Read More »Top City Fund Manager Backs Royal Mail Sale
One of the City’s leading fund management executives is backing a £3bn flotation of Royal Mail on the eve of a Government update on plans to privatise the postal operator. More: continued here
Read More »Royal Mail staff to get shares worth up to 300 million pounds in IPO – report
(Reuters) – Royal Mail employees will get shares that could be worth as much as 300 million pounds as part of the British government’s plans to list the state postal operator, Sky News reported, in what would be Britain’s biggest privatisation in decades. The shares would be handed to employees …
Read More »