Coventry Telegraph Watch: Demolition of former Royal Mail sorting office in CoventryCoventry TelegraphIt stood for 40 years, but now most of the imposing building in Bishop Street has been razed to the ground in a matter of weeks. The whole site will be cleared by February next year. In the meantime, Coventry University and Barberry…
OctaFinance.com Royal Mail PLC 21.1% Potential Upside Indicated by InvestecDirectorsTalk InterviewsRoyal Mail PLC using EPIC/TICKER code LON:RMG has had its stock rating noted as 'Reiterates' with the recommendation being set at 'BUY' today by analysts at Investec. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Investec …Research Analysts' Recent Ratings Updates…
Steelers Lounge (blog) Royal Mail set to buy eCourierSteelers Lounge (blog)Royal Mail did not reveal what it paid for eCourier, but said the "financial terms of the transaction were not material in the context of the group as a whole". Now Royal Mail [IRDX VRYM] is to extend its local collect network to its enquiry…
Amazon parcels cost Royal Mail a packetThe Times (subscription)The fight with Amazon in the parcels delivery market and the £105 million cost of laying off 3,000 workers has prompted a sharp decline in Royal Mail profits. However, signs that the company is striking back in the cut-throat parcels market and is … More: continued here
Royal Mail PLC Given Buy Rating at Investec (RMG)Dakota Financial NewsRoyal Mail PLC logo Royal Mail PLC (LON:RMG)'s stock had its “buy” rating reiterated by equities researchers at Investec in a research note issued to investors on Friday, MarketBeat.Com reports. They presently have a GBX 580 ($8.82) target price on the …and more » More: continued here
Royal Mail's H1 profit fallsInteractive InvestorRoyal Mail has posted an H1 pretax profit of GBP116m, from a year-earlier profit of GBP167m. Revenue was GBP4.39bn, from GBP4.48bn. Its interim dividend was hiked to 7p a share, from 6.7p. CEO Moya Greene commented: "Royal Mail is the pre-eminent …and more » More: continued here
Royal Mail delivers a resilient performanceHargreaves LansdownRoyal Mail has delivered a resilient first half performance, despite intense competitive pressures in the UK parcels business. Total revenue was flat, with strong growth in European parcels offsetting the decline in UK letter revenue. Costs were down … More: continued here
FTSE 100 higher after Royal Mail posts strong earningsHalifax Evening CourierThe biggest risers in the FTSE 100 Index were Johnson Matthey up 237p at 2694p, CRH up 97p at 1875p, Royal Mail up 22.5p at 476.7p, and Hikma Pharmaceuticals up 62p at 2110p. The biggest fallers were G4S down 6.7p to 225.8p, Imperial Tobacco … More:…
expressandstar.com FTSE 100 lifted by Royal Mail gains and US interest rate hike hintexpressandstar.comRoyal Mail was 6% higher – up 27.3p to 481.5p – in the FTSE 100, despite reporting a 2% fall in half-year underlying earnings to £342 million in the face of further letter volume declines. The group is cutting costs and increased…
RMG's profitInteractive Investor"Royal Mail is the pre-eminent letters and parcels carrier in the UK. We have delivered a resilient performance in the first half, demonstrating our ability to respond to a competitive trading environment. "We delivered parcel volume and revenue growth …Royal Mail's H1 profit fallsStock Market Wireall 3 news articles » More: continued here