Skip to main content

Home/ Jacob Solomon's group - M2015(B)/ Group items tagged employees

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Haydn W

Royal Mail shares soar 38% as Labour complains of knockdown price | UK news | The Guardian - 0 views

www.theguardian.com/...mail-share-price-buyers-profit

The Guardian Royal Mail Demand Supply Equilibrium UK `Shares FTSE100 Stock

shared by Haydn W on 12 Oct 13 - No Cached
  • Royal Mail shares soar 38% as Labour complains of knockdown price
  • Ed Miliband blames government for underpricing in 'fire-sale of a great British insititution' as investors make £284 paper profit
  • The government has been accused of shortchanging taxpayers by selling off Royal Mail at a knockdown price after shares in the privatised postal service rose by 38%
  • ...14 more annotations...
  • George Osborne said the privatisation had been a huge success.
  • Royal Mail stock, which the government sold at 330p, leapt to 455p
  • Royal Mail's market value rose by £1bn to £4.3bn – confirming that it will join the FTSE 100 list of Britain's biggest companies.
  • The government had valued Royal Mail at a maximum of £3.3bn, and had attacked analysts' valuation of £4.5bn as "way out".
  • Frances O'Grady, general secretary of the TUC, tweeted: "Privatising #RoyalMail has become little different from selling five pound notes for four quid."
  • Miliband, the Labour leader, said the jump in the share price – which made an immediate £284 paper profit for almost 700,000 Royal Mail investors – showed that the privatisation was a "fire sale of a great British institution"
  • Asked whether the shares had been sold too cheaply, the chancellor said: "All privatisations are done at a discount.
  • The National Audit Office, the public spending watchdog, will investigate the pricing of the float, but Cable dismissed the huge share price rise – which was bigger than that experienced on the 1980s flotation of BT and British Gas – as "froth and speculation" and said "what matters is where the price eventually settles".
  • The stockbrokers Peel Hunt said: "This is not 'froth'; it's real people buying, selling."
  • Joe Rundle, head of trading at ETX Capital, described the share price surge as a "dazzling stock market debut".
  • Private investors who bought their shares directly from the government will have to wait until at least Tuesday if they want to sell. About 690,000 people were granted 227 Royal Mail shares worth £749.10 (at the 330p float price) following overwhelming public demand for the shares.
  • The public applied for more than seven times the number of shares available to them, which meant nearly everyone did not get as many shares as they had asked for.
  • More than 36,000 people who applied for more than £10,000 worth of shares were prevented from buying any at all. About 40 people applied for shares worth £1m or more.
  • It is understood that about 20% of the shares available have gone to sovereign wealth funds – including those of Kuwait, Norway and Singapore – and other foreign funds. Royal Mail's 150,000 employees collected 10% of the shares free of charge, worth about £2,200 each at the flotation price and now worth £2,900. Employees were also allowed to buy a further £10,000 worth, but are not allowed to sell for three years
  • Haydn W on 12 Oct 13
     
    This article shows how demand for shares in the newly floated UK postal service Royal Mail has pushed the price up from 330p a share to 450p. This is the price in which demand is seen to be equal to supply, something the UK Government are being criticised for failing to notice as they believed 450p was a far to high price. The move itself if highly controversial and has been a hotly debated topic ever since it's proposal with many employees fearing that jobs will be lost.
  • Yassine G on 12 Oct 13
     
    I think this is really normal. Simply because private companies tend to have higher efficiency rates and therefore make more profits, this is the business part of the reason. Now if we consider the economical reason, I think that higher profits (deviants) will attract a lot more shareholders, this means higher demand. from the other side, shareholders will be willing to keep their shares as the company is making more and more profits, therefore less shares supply. So in short, more demand, less supply of shares could not lead to anything else except hiher prices and greater value of the company.
Jakub B

Coal subsidies 'should' end in 2014 - 0 views

www.europeanvoice.com/...68550.aspx

Subsidy government employees

shared by Jakub B on 12 Nov 13 - Cached
  • Jakub B on 12 Nov 13
     
    The author discusses the problem of coal production, greenhous gases emissions and subsidies that are in use because of many ordinary employees who when fired can make a strike. There is also a detail that can draw one's attention - the article is outdated (it was written in 2010). The main thesis reflected with reality is probably false since coal subsidies are still popular.
Yassine G

Letter: Walmart is a market failure with many 'negative externalities' - 1 views

www.gazettetimes.com/...f5-11e2-80a7-001a4bcf887a.html

walmart market failure negative externalities

shared by Yassine G on 23 Nov 13 - No Cached
  • Yassine G on 23 Nov 13
     
    Walmart is considered to be the business number one in the world, in terms of revenue. However, from this article you can clearly see how their behavior towards stakeholders is really unethical. Many other articles also talk about how they treat their employees. This makes it clear that there is a negative externalize involved with this business. 
Marenne M

Youth unemployment: Generation Jobless at risk of becoming reality - 3 views

www.smh.com.au/...ng-reality-20140414-zquf3.html

unemployment

shared by Marenne M on 14 Apr 14 - No Cached
  • Marenne M on 14 Apr 14
     
    This article describes the unemployment among youths in Australia. It describes how no matter whether you have a degree or not, it is barely possible to find a job. This is due to a lack in demand for labor, which generally results from a lack of aggregate demand, meaning that the economy isn't operating at its full potential. Therefore there is a surplus of supply for a minimal demand of labor, leading to a decrease in wage cost and a decrease in chances of finding a job. This is why many people are recommending doing internships for free, because firms are no longer paying as much for the employees, but even these internships are hard to get.
Aleksi B

India Plans Price Controls on Patented Drugs - WSJ.com - 0 views

online.wsj.com/...390443819404577633070809995582

india price controls drugs

shared by Aleksi B on 17 Nov 13 - No Cached
  • India plans to widen the scope of price controls on pharmaceuticals
  • The new proposals would extend price restrictions beyond generic medicines to apply for the first time to patented drugs
  • The plans come as Bayer AG BAYN.XE -0.17% Bayer AG Germany: Xetra €94.89 -0.16 -0.17% Nov. 15, 2013 5:35 pm Volume : 2.67M P/E Ratio 25.24 Market Cap €78.47 Billion Dividend Yield 2.00% Rev. per Employee €363,176 10/31/13 Bayer Boosted by New Drugs 09/13/13 Bayer Under Scrutiny in China More quote details and news » BAYN.XE in Your Value Your Change Short position is fighting an order from India's patent authority that required the Germany company to issue a license allowing an Indian generic-drug company to sell a less expensive copy of Bayer's patented cancer drug Nexavar.
  • ...3 more annotations...
  • India sets prices for 74 generic medicines and is considering increasing the number of medicines covered by price caps to 348
  • Any attempt to restrict prices of patented drugs likely will rankle foreign pharmaceutical companies
  • The move raised fears in India that without price controls patented drugs might be unaffordable for a majority of the country's 1.2 billion people.
  • Aleksi B on 17 Nov 13
     
    The article explains on how India are planning to put price controls on their drugs making them go for lower prices so that people can afford them.
Amanda Anna G

Why extending unemployment benefits could be a logistical nightmare - 1 views

www.washingtonpost.com/...ould-be-a-logistical-nightmare

unemployment

shared by Amanda Anna G on 09 Apr 14 - No Cached
  • Why extending unemployment benefits could be a logistical nightmare
  • But the state agencies responsible for administering the benefits say actually helping that population could prove to be logistically difficult.
  • "With unemployed Americans continuing to struggle, it’s our responsibility to provide them a lifeline," Perez said in an e-mail to The Post. "I’ve spoken to many governors and state labor secretaries who are ready to implement any changes -- because they understand that whatever administrative burden they might face pales in comparison to the burdens confronting the long-term unemployed. The workforce system is capable of handling this task."
  • ...2 more annotations...
  • . A few states have even warned that implementation could be so unwieldy that they may opt out of Labor Department program that provides the benefit to workers.
  • Hiring and training new employees to handle retroactive benefits would also draw out the timeline for implementation.
  • Amanda Anna G on 09 Apr 14
     
    This article is about the unemployment and the negative sides of the unemployment benefits. "Whatever administrative burden they might face pales in comparison to the burdens confronting the long-term unemployed."
1 - 6 of 6
Showing 20▼ items per page