Mixed eBay Earnings Put These ETFs in FocusZacks.comeBay's Pay Pal business put up a good show in the quarter with a 15% gain in active registered accounts. Another segment – Marketplaces – generating revenues from the sale of goods available on eBay properties – witnessed a 14% surge in new buyers.Stock Market News for July…
The postal group's stock, which has been declining since hitting a peak of more than 600p in February, dropped by as much as 4 per cent to 445.1p in early trade More: continued here
Telegraph.co.uk Royal Mail shares drop below first day close of 455p after warning on parcel …Telegraph.co.ukMoya Greene, the chief executive of Royal Mail, said in an update that while the business delivered "low single digit revenue growth" in the three months to June 29 helped by good performance in letters, performance in its key UK…
Evening Standard Royal Mail warns on lower parcel revenue as competition bitesEvening StandardIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading – though the sharp rise was at the time dismissed as "froth and speculation"…
Royal Mail parcel revenues come undoneThe Times (subscription)Royal Mail was under renewed pressure ahead of its annual meeting of shareholders today as the privatised postal carrier warned of lower than expected revenues at its struggling parcels business. In a trading update to the City covering the three … More: continued here
Postal delivery service warns parcels revenue for year likely to be lower than expected More: continued here
Updates from Royal Mail, Croda and QinetiQAol Money"Our parcels revenue," says Royal Mail, "will be dependent on our performance in the second half, which includes the Christmas trading period, and on no further weakening in our addressable UK parcels market." Royal Mail holds its first AGM since … More: continued here
Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations. More: continued here
Postal delivery service warns parcels revenue for year likely to be lower than expected More: continued here
Royal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. More: continued here