Blackburn Royal Mail Delivery Office to open on Sundays

HSBC has set a target of 710p for Royal Mail shares – some 215% more than the delivery service company's initial public offering starting price. Royal Mail shares closed at 571.75p on 20 March. HSBC's price target for the newly public stock will come as a blow to Britain's business secretary Vince Cable, who is…

Royal Mail posted another surge in earnings today, but revealed tougher trading at its parcels business and cautioned over the impact of recent strike fears. More: continued here

Shares in Royal Mail close at 455p on their first day of conditional trading – up 38% on their initial 330p offer price. More: continued here

Broker spotlight – ITV, Royal Mail, Centrica, Glaxo, Stratex International…Proactive Investors UKTurning to the other end of the FTSE 100, shares Royal Mail (LON:RMG) were struggling as JP Morgan analysts delivered a downgrade to the UK postal group. The heavyweight broker cut its rating to “neutral” from “overweight”, predicting reduced mail … More: continued here

The Royal Mail hits its national target for delivering first class post on time across most of Wales between April and June. More: continued here