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UBS downgrades Royal Mail to ‘sell’, shares tumble
[ad_1] Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p. The bank said risks to opex were increasing, with potential pricing pressure in UK Parcel. UBS cut its FY22/23 EBIT estimates by 8%/15%, mainly driven by higher costs in the UK…
The Queen’s bedtime routine: Strict rules are ‘secret’ to longevity
[ad_1] New research has revealed that the Queen has the most Googled royal sleep routine. Her Majesty beats Kate Middleton and Meghan Markle in Google ratings with her bedtime habits raking up 136% more interest than the sleep routines of all royals. Research conducted by bedding experts Bed Kingdom, who analysed Google trends data for…
Credit Suisse downgrades Royal Mail, highlights parcel volume risks
[ad_1] Credit Suisse downgraded Royal Mail on Thursday to ‘underperform’ from ‘neutral’ and cut the price target to 345p from 558.11p, citing 10% potential downside. The bank pointed to downside risk to consensus parcel volume expectations of +3% in 2022-23 as it believes only a partial normalisation of online shopping habits occurred in 2021-22 and…
‘A mood of rebellion’ brewing: Royal Mail, BT and Openreach staff to go on strike…
[ad_1] 19 October 2022, 19:25 Dave Ward of the CWU. Picture: Getty Royal Mail, BT and Openreach workers are all set to walk out tomorrow (Thursday) in one of the biggest strikes of the year. Union members at the three companies are all locked in separate, longstanding disputes with their employers over pay and working…
Europe close: Stocks dip as UK moves into lockdown, Germany prepares to tighten restrictions
[ad_1] European markets slipped as the UK imposed its third national lockdown and Germany prepared to extend measures to stymie a surge of coronavirus cases. The pan-European Stoxx 600 was down 0.19% to 400.94, although London’s FTSE 100 was up 0.61% at 6,612.25. France’s CAC 40 slipped 0.44% to 5,564.60, and Frankfurt’s DAX was 0.55%…
How Google reclaimed its position in AI race dominated by OpenAI
[ad_1] Alphabet’s Google (GOOG, GOOGL) has made strides in the AI race, with its Gemini chatbot emerging as a substantial alternative to OpenAI’s (OPAI.PVT) ChatGPT. Yahoo Finance Tech Editor Dan Howley outlines the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime. [ad_2] Source link
