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 …
Read More »The Crocodile And The Shark: Could Alibaba Swallow eBay?
On Tuesday, eBay announced that it would spin off its PayPal subsidiary by next year, splitting its marketplace from its lucrative payments arm to better realize different core businesses. While the separation puts an end to months of speculation and in-house fighting, eBay's decision to give in to Carl Icahn's rabble-rousing begets …
Read More »Royal Mail removes 'Humberside' name
Royal Mail removes the term Humberside from its address lists after an MP's campaign. More: continued here
Read More »Philippines tourist spots on postage stamps sought
A BILL pushing for the printing of tourist destinations in the country on postage stamps issued by the Philippine Postal Corporation has been approved on second reading in the House of Representatives. More: continued here
Read More »Ebay CEO John Donahoe Talks About The PayPal Split And Future Of Two … – Forbes
Forbes Ebay CEO John Donahoe Talks About The PayPal Split And Future Of Two …ForbesToday eBay eBay announced it would spin-off its fast-growing PayPal division in 2015. The decision to separate PayPal from eBay's marketplace operations is a drastic reversal for eBay, which this February fended off an aggressive attack …
Read More »Murder-scene Post Office bought by victim's mother
A VILLAGE post office which was the scene of brutal murder has been bought by the victim's mother to complete home improvements begun by her daughter. More: continued here
Read More »EBay to Split as Apple, Others Prepare to Challenge PayPal – Wall Street Journal
Wall Street Journal EBay to Split as Apple, Others Prepare to Challenge PayPalWall Street JournalA stand-alone eBay would no longer have to hand over cash it generates to PayPal, Chief Executive John Donahoe said. Mr. Donahoe, 54 years old, will step down as CEO when the split is complete, though …
Read More »Royal mail still a 'buy' at Shore Capital
Letters and parcels group Royal Mail is facing multiple headwinds but there is long-term value to be found in the stock, analysts at Shore Capital believe. More: continued here
Read More »Broker spotlight: Royal Mail, BG, Stagecoach, Balfour Beatty, AO World… – Proactive Investors UK
Broker spotlight: Royal Mail, BG, Stagecoach, Balfour Beatty, AO World…Proactive Investors UKRoyal Mail (LON:RMG) has got an upgrade from UBS after the shares wobbled after gloomy updates on UK parcel volumes from business rivals TNT Express and UK Mail. True, the Swiss broker is hardly betting the farm on the …
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