Royal Mail

Article summary Lockdown-inspired ecommerce could provide a bumper opportunity for the postal firm. If that doesn’t sound much to cheer, look at the share price: it has roughly doubled in value since the summer. Part of the explanation for the improvement in the shares lies elsewhere, it should be said. …

This content was published on November 19, 2020 – 17:02 November 19, 2020 – 17:02 (Bloomberg) — European equities fell from an almost nine-month high as investors weighed rising coronavirus cases and the extent of recent gains fueled by optimism about vaccine progress. The Stoxx Europe 600 Index closed down …

Traders wiped out all the gains made after this week’s vaccine announcements from Moderna and Pfizer on Thursday as a third announcement, this time from AstraZeneca, failed to impress. The FTSE 100 fell back to 6,334.35 by the end of the day, a 51-point drop, and lower than the 6,359 …

Lockdown Britain has a puppy shortage and a surfeit of stock market dogs. Veterinary services company IVC Evidensia, a beneficiary of the former, has all the makings of the latter.  Private equity group EQT and Nestlé, IVC’s current owners, are planning a London listing for early next year. They see …

FTSE closes lower as near-term global growth outlook darkens The FTSE is heading into the close just shy of 1% lower as fears over the near-term economic growth outlook overshadowed more upbeat vaccine news.   This time it was the turn of AstraZeneca to inform as to how its covid …

This year’s economic lockdowns have made Royal Mail an unlikely winner in the pandemic lottery. The Royal Mail share price rose 5% on Thursday morning, sitting at over 300p after the company’s half-year results announcement, setting a new high for 2020. The Royal Mail share price had been recovering steadily since it’s record low of …

* Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in …

ROYAL MAIL: Royal Mail reported a slump in first-half pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a … Source link

The latest research report on Global Couriers and Messengers Market was conducted across a variety of industries in various regions to provide a report that has data surpassing 100+ pages. The report offers a mixture of qualitative and quantifiable information focusing on aspects such as key market developments, industry and …

Delivering parcels and letters to every address in the UK piled up losses of £180 million for Royal Mail during the spring and summer. The privatised postal operator said the extent of the losses showed that the universal service obligation, delivering nationwide on a one-price-goes-anywhere basis, had to end. The …