Royal Mail PLC Rating Reiterated by Credit Suisse (RMG)WKRB NewsRoyal Mail PLC logo Royal Mail PLC (LON:RMG)'s stock had its “underperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Wednesday. They currently have a GBX 380 ($5.93) target price on the stock. Credit Suisse's price …Royal …
Read More »Ofcom tells Royal Mail to get on with it
Royal Mail Group (RMG) shares fell almost 4% at one stage Tuesday after the industry regulator decided not to impose new regulatory conditions on the postal firm's direct-delivery competitors. Ofcom does not think the universal postal service is under threat, which means Royal Mail will get no outside help in …
Read More »Thieves target Royal Mail van – The Ulster Herald
The Ulster Herald Thieves target Royal Mail vanThe Ulster HeraldPolice have appealed for information after heartless thieves targeted a Royal Mail van making deliveries in Omagh this week. A Royal Mail employee had parked her delivery van outside a house in Gortrush Park at around 11am on Tuesday when the …
Read More »FTSE edges lower as Royal Mail renews fall – Reuters
Business Recorder FTSE edges lower as Royal Mail renews fallReutersLONDON, Dec 3 (Reuters) – Britain's top share index edged lower from a one-week high on Wednesday, hit by renewed weakness in Royal Mail and oil majors even after UK economic data and some company earnings beat expectations. The blue-chip FTSE …FTSE …
Read More »Royal Mail’s sorting office bans parking in Tamworth – just before Christmas – Tamworth Herald
Tamworth Herald Royal Mail's sorting office bans parking in Tamworth – just before ChristmasTamworth HeraldA Royal Mail spokesman said: "We are installing a safety barrier at our delivery office in Blythe Street, which will restrict vehicle access to our premises. "This is aimed at ensuring the safety of both visitors …
Read More »Royal Mail slides on Ofcom dismissal – Fundweb
Fundweb Royal Mail slides on Ofcom dismissalFundweb“We continue to consider that competition, including end-to-end letter competition at the delivery end of the network, provides an important degree of choice for users of postal services, and can have an important incentive effect on Royal Mail to … More: continued here
Read More »Market movers: BP, Shell, Sage, Royal Mail and Ladbrokes – Proactive Investors UK
Market movers: BP, Shell, Sage, Royal Mail and LadbrokesProactive Investors UKLondon's top share index edged lower ahead of the chancellor's Autumn Statement, with energy stocks slipping and Royal Mail (LON:RMG) shares extending losses. The price of Brent crude rose to US$71 a barrel, up slightly from the previous session but …and …
Read More »Royal Mail not under threat from rivals, says Ofcom – The Times (subscription)
The Times (subscription) Royal Mail not under threat from rivals, says OfcomThe Times (subscription)In an echo of Vince Cable's comments last week that Moya Greene, the chief executive of Royal Mail, was “scaremongering and whinging” about its struggle to deliver the universal service, Ofcom ruled that the one-price-goes-anywhere, six-days-a-week … More: …
Read More »Ofcom challenges Royal Mail’s performance – The Independent
Ofcom challenges Royal Mail's performanceThe IndependentRoyal Mail wants Whistl and other nascent competitors to face similar rules so that they don't just “cherry-pick” the best routes. But the regulator Ofcom has dismissed Royal Mail's claims and questioned whether Royal Mail had achieved a “reasonable … More: continued here
Read More »New blow for Royal Mail as Ofcom rejects competition threats
ROYAL Mail has been dealt a fresh blow after regulator Ofcom said it would not impose new conditions on the firm’s direct-delivery competitors. More: continued here
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