Passport Capital Unloads EBAY, ADT and MoreNASDAQGuru John Burbank manages Passport Capital, a global investment firm he founded in 2000. Passport Capital's recently updated portfolio lists 121 stocks, 44 of them new, with a total value of $2.5 billion and a quarter-over-quarter turnover of 32%. More: continued here
Royal Mail to cut benefits despite liability transferProfessional PensionsThe Royal Mail Pension Plan (RMPP) is planning to cap members' pensionable pay increases as costs escalate and privatisation looms, all despite a liability transfer to the government. The RMPP, which supports staff for the Royal Mail and the Post … More: continued here
The prospect of new pensions difficulties emerged in a letter sent by Royal Mail to its staff and its trade unions this week and seen by Financial News. In the letter it warned them that the pensions issue is not yet solved and they may have to accept curbs on their benefits. More: continued here
Parcel2Go urges Irish firms to cut eBay and Amazon selling costsWebWire (press release)Ireland's leading online parcel delivery specialist Parcel2Go has urged the country's eBay and Amazon merchants to reduce their online selling costs by avoiding spending more than necessary on shipping. According to the company, despite the wide … More: continued here
Towanda Post Office to host job fairTowanda Daily ReviewLocal post offices are teaming up to host a job fair from 9 a.m. until 5 p.m. on Wednesday, June 5, in the basement of the Towanda Post Office, 700 Main St., Towanda. Interested applicants can learn about current openings and how to apply. Rural … More:…
Pensions woes return to haunt Royal MailFinancial NewsRoyal Mail Group is facing an extra £300m annual bill from its pensions, one year on from a multi-billion-pound deal that was supposed to have solved its pension issues once and for all ahead of a public listing. The prospect of new pensions … More: continued here
The old abandoned Rosemont Post Office in Taylor County caught fire around 1:40 a.m. early Friday morning. More: continued here
Banks' fees for Royal Mail deal are competitiveBelfast TelegraphShould we proceed with an IPO and in line with normal IPO practice, these banks will receive a tiny percentage of the amount raised in the share offering, rather than a percentage of the overall market capitalisation of Royal Mail. Royal Mail's market … More: continued here
Ex-Orthodox Jew tries to sell place in Heaven on Ebay – New York Daily NewsNew York Daily NewsFormer Orthodox Jewish man attempts to auction off his spot in heaven. Ari Mandel started selling salvation on Ebay for a mere 99 cents. One bidder was willing to pay $100,000 before the site shut the auction down….
Mail service was cut off to a small Hancock County community Thursday. The Benton Ridge Post Office is history. More: continued here