Royal Mail FY15 Pretax Profit DeclinesBenzingaRoyal Mail's pretax profit for the year slipped to 400 million pounds ($621 million), versus a year-ago profit of GBP1.66 billion. Excluding certain items, the company's pretax profit surged to GBP569 million versus GBP419 million. Adjusted EPS climbed …LONDON MIDDAY BRIEFING: Royal Mail Outlook Causes …
Read More »P&Z commission raises concern over Post Office parking plan – Newcanaannewsonline
Newcanaannewsonline P&Z commission raises concern over Post Office parking planNewcanaannewsonlinePlanning and zoning officials are concerned about whether a two-way driveway on the west side of the proposed post office building at 18-26 Locust Ave. will result in a congested lot and potential safety and liability issues for the town, they …
Read More »Royal Mail blames competition for lower revenues – Financial Times
Financial Times Royal Mail blames competition for lower revenuesFinancial TimesRoyal Mail blamed tough competition for lower-than-expected revenues from its key UK parcels business last year, although the recently privatised mail operator sought to reassure shareholders that it is delivering on cost savings. Pre-tax profit last …Royal Mail reports rise in …
Read More »Royal Mail boosts pension contribution by 50% and installs plans for holiday … – Workplace Savings & Benefits
Workplace Savings & Benefits Royal Mail boosts pension contribution by 50% and installs plans for holiday …Workplace Savings & BenefitsWe hope to take a collaborative approach once the case law becomes clearer. "Based on our estimates of the potential financial impact, we believe that we have made sufficient provision for …
Read More »Millions needed to fix ‘horrible’ food stamp program – Boston Globe (subscription)
Boston Globe (subscription) Millions needed to fix 'horrible' food stamp programBoston Globe (subscription)The Baker administration said it will have to spend millions of dollars to repair a food stamp computer system that has continued to unfairly deny thousands of elderly, disabled, and working poor their food stamp benefits — a …
Read More »Royal Mail: kisses through the post from Moya the Destroyer – Financial Times
Royal Mail: kisses through the post from Moya the DestroyerFinancial Times“Dear Mr Investor, You own 0.0001 per cent of my company's stock. So I'm sure you'll be as pumped as I am that full-year operating profits after transformation costs leapt 5 per cent to £595m. I'm smiling warmly at you! …
Read More »eBay not going Myntra way – Times of India
eBay not going Myntra wayTimes of IndiaCHENNAI: E-commerce major eBay has said it will continue to offer services across various platforms like PC and mobile app even as it is witnessing spurt in transactions through mobile devices. "We will continue to offer in multiple platforms. We are …eBay launches online …
Read More »UPDATE 1-Cost savings help Royal Mail deliver profit rise – Reuters
UPDATE 1-Cost savings help Royal Mail deliver profit riseReutersRoyal Mail's shares have fallen 19 percent below their post-privatisation peak on concerns over a squeeze on parcel prices caused by over capacity in the market, the threat of a rival letter-delivery service, regulatory disputes and concerns over its …and more » More: …
Read More »Parcel hopes fail to stack up for Royal Mail – The Times (subscription)
The Times (subscription) Parcel hopes fail to stack up for Royal MailThe Times (subscription)Royal Mail has reported a rise in its full-year profits but anticipated growth in its parcels division has failed to offset declining delivery volumes. The 499-year-old postal network privatised in a stock market flotation in October 2013, …
Read More »Post office vigil planned – Rutland Herald
Post office vigil plannedRutland HeraldWhen I heard that a new postmaster had warned Parker that he must stay off of post office property with his sign or he would be arrested, I felt that affirming Brattleboro's tradition of expressive behavior on outdoor post office property would be a …and more » …
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