IBTimes.co.uk Royal Mail shares: Goldman Sachs sets 610p targetThe Week UK“In its research note,” the International Business Times reports, “Goldman said it thinks Royal Mail's heavy exposure to the high-growth parcels market, the firm's existing core network across the UK … and the potential for productivity improvements …Royal Mail Shares: …
Read More »UK says last-minute price hike would have risked Royal Mail sale – Reuters
UK says last-minute price hike would have risked Royal Mail saleReutersLast month's Royal Mail selloff has grabbed headlines, with unions and opposition lawmakers criticizing the government for potentially short-changing the taxpayer after shares in the firm rocketed by as much as 80 percent after flotation. "Had we … More: continued …
Read More »Royal Mail Shares: Vince Cable Advised ‘Very Unwise’ to Push 330p Offer Price … – IBTimes.co.uk
IBTimes.co.uk Royal Mail Shares: Vince Cable Advised 'Very Unwise' to Push 330p Offer Price …IBTimes.co.ukBusiness secretary Vince Cable insisted he was given "very clear and unambiguous advice" that pushing Royal Mail's offer price higher than 330p would be "very unwise" because it ran the risk of target long-term institutional investors …
Read More »Royal Mail Shares: Goldman Sachs Sets 610p Target Price Despite 330p IPO … – IBTimes.co.uk
IBTimes.co.uk Royal Mail Shares: Goldman Sachs Sets 610p Target Price Despite 330p IPO …IBTimes.co.ukGoldman Sachs analysts have set a 610p target price on Royal Mail shares, despite the US investment banking giant having advised the UK government on setting a controversial offer price of 330p ahead of its flotation onto …
Read More »Questor share tip: Royal Mail on track for income – Telegraph.co.uk
Questor share tip: Royal Mail on track for incomeTelegraph.co.ukQUESTOR was an early backer of the Royal Mail flotation as we encouraged people to apply for shares that have since soared by more than 70pc. Crucially we also said investors should hold the shares for the long term and this maiden …
Read More »Vince Cable defends Royal Mail float price before MPs after profits double – The Independent
The Independent Vince Cable defends Royal Mail float price before MPs after profits doubleThe IndependentThe Business Secretary survived a grilling by MPs on the day that Royal Mail announced that its operating profits almost doubled to £283m for the six months to the end of September 29 from £144m a …
Read More »Did banks ‘con’ Cable over Royal Mail sale? Business minister tells MPs that … – Daily Mail
Did banks 'con' Cable over Royal Mail sale? Business minister tells MPs that …Daily MailBanks 'conned' ministers into setting the Royal Mail share price too low – causing the taxpayer to lose out on millions, MPs were told yesterday. They threatened to 'walk away' from the sale if the shares …
Read More »In the Royal Mail sell-off scandal, taxpayers have been robbed by the very … – Daily Mail
In the Royal Mail sell-off scandal, taxpayers have been robbed by the very …Daily MailThe Royal Mail, however, is an institution that has been at the centre of British national life since it was founded by Henry VIII in 1516. It proudly carries the word 'Royal' in its name and …
Read More »Cable: Royal Mail advisers won’t get bonuses for ‘years’ – Telegraph.co.uk
Telegraph.co.uk Cable: Royal Mail advisers won't get bonuses for 'years'Telegraph.co.ukVince Cable has said that the £4m bonus for banking advisers on the Royal Mail sale will be held for “months or years” to allow for judgement over the success of the historic privatisation. The Business Secretary told MPs that “no …
Read More »Royal Mail figures fuel privatisation row – Financial Times
Royal Mail figures fuel privatisation rowFinancial TimesRoyal Mail will maintain steady revenue growth, its chief executive forecast, as the furore over whether the postal operator was sold too cheaply in last month's privatisation refused to die. The company's shares rose 6 per cent on Wednesday to 566p … More: continued …
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