Short Interest Makes 71.4% Move For eBayForbesAverage daily volume for EBAY at the 02/13/2015 settlement decreased to 6,890,286, as compared to 12,271,005 at the 01/30/2015 report. That brought “days to cover” up to 3.72, a 205.27% increase from the 1.22 days to cover calculated at the previous …and more » More: continued here
FedEx Ground plans to construct a massive distribution center on vacant land behind T.J. Maxx in the Grimes Industrial Park in Pittston Twp., according to real estate broker Charles Adonizio of Atlas Realty. More: continued here
eBay plans to cut about 2,400 jobs, or 7% of its global workforce, to reduce complexity, speed decision-making, and create competitive cost structures. More: continued here
Postal group says it has thought 'carefully' about impact on customers before deciding to raise letter prices as it announces hike to 63p and 54p from March 30 More: continued here
Sending a large letter will increase by 2p to 95p for first class and by 1p to 74p for second class. More: continued here
NEW YORK (MarketWatch) — FedEx Corp.'s stock rose 1% in premarket trade Friday, after Credit Suisse raised its rating and price target, citing the improving prospects of the package-delivery service's ground business. Analyst Allison Landry upgraded FedEx to outperform from neutral, and bumped up her stock price target to $203 from $177. That implies a…
Telegraph.co.uk Royal Mail announces price of first and second class stamps to rise by 1pTelegraph.co.ukStamps Q&A. The price of stamps will rise on March 30 Photo: ALAMY. By Telegraph reporter. 11:06AM GMT 27 Feb 2015. The price of first and second class stamps is to increase by 1p each to 63p and 54p from March…
Royal Mail (LSE: RMG.L – news) is to increase the costs of both first and second class stamps from 30 March. It said the prices for first and second class stamps would rise 1p to 63p and 54p respectively. Royal Mail also announced that it was simplifying and cutting the price of sending a second-class medium parcel, and…
The C Suite Royal Mail Shares: RMG Estimates cut at BerenbergThe C Suite“We have reduced our Royal Mail estimates for next year and beyond to reflect a more sober view of revenue growth,” says Matthew O'Keeffe, analyst at Berenberg. The change is brought on by a more cautious view on the outlook for parcels and…
A federal court has decided to move to Pittsburgh a suit alleging that Moon-based FedEx Ground discriminated against deaf employees. More: continued here