Wolverine Solutions Group (WSG) taps long-standing vendor, Royal Alliances (RA), for consulting services that will increase mail presort operational efficiency and enable WSG to provide their clients with a superior experience. WSG is a renowned solutions provider that has been a staple of SE Michigan for over 40 years. With …
Read More »‘Cliff edge’ fears for union talks send Royal Mail shares tumbling
Fears of an escalation of hostilities with workers’ unions delivered a blow to investors in Royal Mail on Tuesday. The former state postal monopoly has reached a “cliff’s edge” in its relationship with the Communication Workers Union, analysts at JP Morgan said, adding that the outcome of mediation was uncertain. Workers’ …
Read More »FTSE 250 movers: Royal Mail dips, pubs fizz higher
London’s FTSE 250 was down 0.14% at 19,071.83 in afternoon trade on Tuesday, with Royal Mail leading the index lower. Shares in the postal service outfit were under the cosh as analysts at JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of …
Read More »Broker tips: Greene King, Royal Mail
Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …
Read More »John Lewis, Ikea and M&S top UK brand health rankings
In spite of a challenged high street, retailers lead YouGov BrandIndex’s brand health rankings, while Netflix takes the top spot for most improved. John Lewis has topped YouGov BrandIndex’s brand health rankings in the UK for a second year, leading a top three made up of retail brands that suggests …
Read More »European stocks close lower as Italian PM resigns; FTSE MIB slides 1%
Hopes of stimulus from major world economies had previously buoyed equities. Investors are awaiting minutes from the Fed’s meeting on Wednesday, along with any hints from Chairman Jerome Powell ahead of the central bank’s economic symposium in Jackson Hole, Wyoming, which begins Friday. Finnish central bank governor Olli Rehn said …
Read More »Does BT have greater turnaround potential than Imperial Brands, Rolls-Royce and Royal Mail?
BT share price The prospects for the BT Group (LON:BT.A) share price could be relatively uncertain in my view. The telecoms company’s shares have slipped to less 170p in recent weeks, with them having been on a downward trend over recent months. Investors seem to be concerned about the future …
Read More »Royal mail: Khadijah Mellah receives letter from Duchess of Cornwall | Horse Racing News
Khadijah Mellah: has a royal fan Edward Whitaker (racingpost.com/photos) Since her history-making victory in the Magnolia Cup at Goodwood, Khadijah Mellah has been the woman of the moment and has found a rather famous fan to add to an already significant club. The 18-year-old, who partnered the Charlie Fellowes-trained Haverland to success …
Read More »Royal Mail introduce parcel postboxes in seven Oxfordshire postcodes
Royal Mail are rolling out parcel postboxes in seven Oxfordshire postcodes, extending their postbox footprint further following the introduction of the UK’s first-ever parcel postboxes across the UK. The postboxes boast a new look with a wider opening and secure design, ready for pre-paid parcels to enable merchants to send …
Read More »Potential for ‘material near-term volatility’ in Royal Mail dispute with CWU, says JPM
Royal Mail shares were under the cosh on Tuesday as JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of the company’s dispute with the Communications Workers Union (CWU). “Since RMG’s May 2019 FY results and strategy update we note a material and …
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