British postal provider Royal Mail said it had submitted formal evidence to regulator Ofcom over the threat to the postal service posted by its competitor TNT Post. The newly privatised company said the … More: continued here
Read More »Royal Mail PLC Now Covered by Analysts at Jefferies Group (RMG) – Mideast Time
Royal Mail PLC Now Covered by Analysts at Jefferies Group (RMG)Mideast TimeRoyal Mail PLC logo Equities researchers at Jefferies Group started coverage on shares of Royal Mail PLC (LON:RMG) in a research report issued on Wednesday. The firm set an “underperform” rating and a GBX 420 ($7.13) price target on …
Read More »Britain’s Royal Mail warns regulator of threat from competition – Reuters UK
Reuters UK Britain's Royal Mail warns regulator of threat from competitionReuters UKRoyal Mail, formerly state-owned before it was privatised last year, is required by law to deliver letters six days a week to the whole of the country under its so-called universal service obligation. However it warns its financial ability …
Read More »TNT Plan 'Cuts £200m From Royal Mail Revenue'
Royal Mail has warned that delivery plans by rival TNT could reduce its revenue by £200m in coming years. It said TNT Post UK's expansion strategy would cost it £200m in the 2017/18 financial year. It told regulator Ofcom that "absent intervention" would risk damaging its ability to reach a …
Read More »Review plea over direct deliveries
The privatised firm has asked the regulator Ofcom to bring forward a review planned for next year to determine the regulatory changes it believes are needed to safeguard the nationwide, same price goes anywhere service. More: continued here
Read More »Postman’s pat on the back after 30 years of first class service around Fakenham
For people living in Hindringham, David Neill has been a familiar and friendly face during his three decades as the village postman. More: continued here
Read More »Mark Leftly: A second bite of the Royal Mail cherry – please don’t mess it up – The Independent
Mark Leftly: A second bite of the Royal Mail cherry – please don't mess it upThe IndependentWestminster Outlook Sadly for Vince Cable, if his five-year tenure as Business Secretary in this bastard hybrid of a government is remembered for anything, it will be for the messed up privatisation of Royal …
Read More »Jefferies Group Initiates Coverage on Royal Mail PLC (RMG) – Watch List News (press release)
Jefferies Group Initiates Coverage on Royal Mail PLC (RMG)Watch List News (press release)Royal Mail PLC logo Jefferies Group began coverage on shares of Royal Mail PLC (LON:RMG) in a report released on Wednesday. The firm issued an underperform rating and a GBX 420 ($7.13) price objective on the stock. Jefferies …
Read More »Royal Mail PLC Receives Average Recommendation of “Hold” from Brokerages … – Ticker Report
Royal Mail PLC Receives Average Recommendation of “Hold” from Brokerages …Ticker ReportRoyal Mail PLC logo Royal Mail PLC (LON:RMG) has earned an average recommendation of “Hold” from the fifteen brokerages that are covering the company, Stock Ratings Network.com reports. Four investment analysts have rated the stock with a sell …and more » …
Read More »FLASH: Jefferies International starts underperform on Royal Mail, target 420p – Stock Market Wire
FLASH: Jefferies International starts underperform on Royal Mail, target 420pStock Market WireFLASH: Jefferies International starts underperform on Royal Mail, target 420p. 18 June 2014 | 11:22am. StockMarketWire.com – Story provided by StockMarketWire.com. FTSE 100. Latest Headlines · UPDATE: Euro/Dollar up 0.15% @ 1.3567 · UPDATE: …and more » More: continued here
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