CWU urges members to accept Royal Mail's 1.6% offerPost and ParcelThe terms of the deal have been hammered during the recent national negotiations between CWU and Royal Mail. In a statement published yesterday (1 June), CWU said: “The proposal, which has met with the approval of the union's industrial executive, … More: continued here
4 FTSE 100 stars offering unmissable value! GlaxoSmithKline plc, Royal Mail plc, GKN plc and BAE Systems plcMotley Fool UKThe City expects earnings at Royal Mail to dip 5% in the year to March 2017 as the impact of huge restructuring weighs. Still, this leaves the business dealing on a terrific P/E rating of 12.6…
iNVEZZ Royal Mail share price under pressure even as Credit Suisse hikes valuationiNVEZZShares in Royal Mail Group (LON:RMG) have fallen deep into the red in today's session, underperforming the broader London market, as analysts at Credit Suisse remained 'neutral' on the stock, even as their hiked their price target on the company. More: continued here
Financial Times Royal Mail and workers' union agree pay dealFinancial TimesRoyal Mail and the powerful trade union that represents most of its 140,000-strong workforce have agreed a new pay deal, opening the door to further talks on pensions and modernisation. The postal operator said it and negotiators from the Communication …Royal Mail agrees on pay deal…
WalesOnline This replica historic Royal Mail coach is set to drive through CardiffWalesOnlineA replica historic Royal Mail coach will parade through Cardiff on Saturday to mark 500 years of the postal services in the UK. Royal Mail workers, friends and family, will walk the five miles from Cardiff Mail centre in Penarth Road to Cardiff…
Financial Times CompaniesRoyal Mail agrees 1.6% pay rise with unionFinancial TimesRoyal Mail said the 1.6 per cent base salary rise, backdated to early April, will apply to all employees represented by the Communication Workers Union, although it is subject to a ballot by CWU members. The union will recommend that its members accept …Royal Mail agrees…
DIGITALLOOK Broker tips: De La Rue, Prudential, Royal MailDIGITALLOOKIn a research report dated 31 May, analysts Neil Glynn and Julia Pennington also referenced Royal Mail´s strong finish to its last financial year and how the company appeared increasingly comfortable with the competitive landscape in the market for …and more » More: continued here
Franklin Independent Credit Suisse delivers target price upgrade on Royal MailProactive Investors UKEarlier this month, Royal Mail said it reduced costs in its latest financial year at its UK parcels division by 1%, while net debt fell to £224mln. Pre-tax profits for the year to end March were £267mln compared with £400mln a year earlier….
Credit Suisse wary of M&A expectations building at Royal MailDIGITALLOOKAnalysts at Credit Suisse hiked their target price on shares of Royal Mail based on their expectation that the firm´s management would be successful in finding the necessary efficiency gains to keep earnings flat. In a research report dated 31 May …and more » More: continued here
Franklin Independent Research Analysts at Credit Suisse Maintain their Neutral rating for Royal Mail Plc (LON:RMG). The Price Target is …Franklin IndependentIn a note sent to clients and investors on Wednesday morning, Royal Mail Plc (LON:RMG) stock Neutral was reiterated at Credit Suisse. They currently have a GBX 559.00 target price on the stock. Credit…