Sainsbury's mixed second-quarter results and plans for a no-stone-unturned strategic review have led broker Shore Capital to downgrade its earnings and dividend forecasts, and an "uncomfortable hold" stance. More: continued here
Read More »News24.com | Vanderbijlpark post office torched
The Vanderbijlpark, Gauteng, post office has been vandalised and a vehicle torched, the SA Post Office says. More: continued here
Read More »Jarrod Tutko Jr.’s parents collected more than $38000 annually in disability … – The Patriot-News – PennLive.com
The Patriot-News – PennLive.com Jarrod Tutko Jr.'s parents collected more than $38000 annually in disability …The Patriot-News – PennLive.comHARRISBURG – Kimberly and Jarrod Tutko Sr. didn't have jobs, but they collected $3,191 per month in disability payments and food stamps. Those payments, which totaled $38,292 annually, were the sole source …
Read More »EBay’s PayPal plan is first major salvo in payment wars – USA TODAY
EBay's PayPal plan is first major salvo in payment warsUSA TODAYOn the surface, eBay's EBAY plan next year to spin off its fast-growing payments business appears to be a concession to activist investor Carl Icahn and his argument for a leaner company better equipped to compete in the competitive mobile-payments … …
Read More »Federal appeals court to mull guns in post offices – MiamiHerald.com
Federal appeals court to mull guns in post officesMiamiHerald.comA three-judge panel of the 10th U.S. Circuit Court of Appeals is set to hear the case involving Tab Bonidy, a licensed gun owner who, along with the National Association for Gun Rights, sued the Postal Service in 2010 over its ban …
Read More »PayPal broke up with eBay so it could take on Apple – The Verge
The Verge PayPal broke up with eBay so it could take on AppleThe VergeNews broke this morning that PayPal will spin off from eBay into a separate publicly traded company, ending a 12-year union between the online merchant and the payments processor. At the most basic level this creates two …
Read More »Federal Appeals Court to Mull Guns in Post Offices – ABC News
Federal Appeals Court to Mull Guns in Post OfficesABC NewsBonidy said the post office in Avon, a small town near Colorado's Vail and Beaver Creek ski resorts, violated his Second Amendment rights by refusing to let him carry his concealed handgun into the building when he picks up his mail. …
Read More »‘Humberside’ removed from Royal Mail address lists – BBC News
BBC News 'Humberside' removed from Royal Mail address listsBBC NewsRoyal Mail has removed "Humberside" from its address lists following a campaign by an East Yorkshire MP, 18 years after the county was abolished. Humberside was set up in 1974 but replaced with four councils in 1996. Graham Stuart, MP for …
Read More »UBS upgrades Royal Mail to 'neutral'
The news-flow surrounding the mail and parcel delivery sector of late has been quite negative, and merits marking down forecasts for Royal Mail, but the headwinds facing the company are baked into the price already, UBS thinks. More: continued here
Read More »PayPal in Play for Google as Leftover EBay Invites LBO
EBay announced yesterday that it's spinning off the PayPal payment-services business from its online marketplaces to unlock value at a $70 billion company whose valuation has been sagging lately. The move may make either half of the San Jose, California-based company a target as industry acquirers from Alibaba Group Holding …
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