Royal Mail

The UK’s third coronavirus patient is thought to be a Briton who caught the virus outside of China – sparking fears the outbreak is much more widespread than previously thought.  Public Health England said the patient had not visited the mainland and instead caught the highly contagious virus ‘elsewhere in …

The content of this podcast / blog (or content associated with it) is not intended as investment advice and people featured may hold positions in the … Source link

London’s FTSE 250 was up 0.3% at 21,576.49 in afternoon trade on Thursday. Insurer Beazley was the standout gainer after it posted a better-than-expected surge in full-year pre-tax profit as three of its six divisions achieved double-digit growth. In the year to the end of December, pre-tax profit surged 250% …

Shares of Royal Mail RMG, -8.34% dropped 8.4% as the company lowered its outlook for letter volumes in the next fiscal year by 1 percentage point to … Source link

LONDON (Reuters) – Royal Mail (RMG.L) warned on Thursday of a “challenging” year ahead, with labour tensions and sliding letter volumes … Source link

Good news from Royal Mail this morning, at least for ecommerce merchants. Whilst the CWU have said they are preparing another ballot for strike action, having been blocked from the last strikes in the run up to Christmas in the High Court, Royal Mail have declared they are fed up …

In mid-morning trading the FTSE 100 is up ten points, while Royal Mail shares slump following a miserable trading update. Bullish momentum continues to carry equities higher this morning, although strength has begun to wane as investors prepare for tomorrow’s non-farm payroll report. US markets are back at record highs, …

The folk at Royal Mail must wince whenever Rico Back makes a delivery. There’s only ever bad news in the chief executive’s postbag. The latest warning is that a three-year turnaround plan is in danger of being blown off course. What’s more, the UK arm of the business is expected to …

Shares in 500-year-old Royal Mail fell as much as 9.7% in morning trade. IC TIP UPDATES:  Emerging markets-focused asset manager Ashmore (ASHM) has raised its interim dividend from 4.55p to 4.8p per share, the first hike in distributions since 2014. Judging by the group’s 42 per cent year-on-year rise in pre-tax …

Royal Mail has seen shares plunge to record lows after warning its UK arm could be loss-making next year and it may miss turnaround targets amid the threat of strike action. Shares in the group tumbled as much as 11% at one stage after cautioning over a “challenging” year ahead …