MarketWatch FTSE 100 pulled lower as Royal Mail, mining shares declineMarketWatchU.K. stocks slipped Tuesday, with Royal Mail PLC shares sagging after a trading update and as most mining shares pulled back. The FTSE 100 UKX, -0.22% fell 0.2% to 6,777.53, with only the consumer goods and services groups posting minor gains. More: continued here
BBC News Royal Mail reports flat revenuesBBC NewsRoyal Mail has reported flat revenues in the three months to 28 June as UK letter volumes continued to decline. The trading update comes ahead of the final sell off of the government's 15% stake in the 500-year old company. Royal Mail said UK letter …Royal Mail Posts A…
This is Money Ofcom's threats to Royal Mail rule: Watchdog's probe into firm's dominance …This is MoneyAn investigation into Royal Mail's dominance of the postal service yesterday wiped almost £200m off the company's value. Shares slid after regulator Ofcom set out the terms of a 'fundamental review' into the way the company operates. In a…
Royal Mail PLC's “Hold” Rating Reaffirmed at Panmure Gordon (RMG)Dakota Financial NewsRoyal Mail PLC logo Royal Mail PLC (LON:RMG)'s stock had its “hold” rating reissued by stock analysts at Panmure Gordon in a report issued on Tuesday, MarketBeat Ratings reports. They currently have a GBX 480 ($7.49) target price on the stock. Panmure … More: continued…
Reuters UK FTSE edges lower, Royal Mail and miners weighReuters UKLONDON The FTSE 100 edged lower on Friday, with Royal Mail falling after market regulator Ofcom published a discussion document reviewing the company and miners sliding after a drop in metals prices. The blue-chip FTSE 100 index was down 0.3 … More: continued here
MarketWatch FTSE 100 pulled lower as Royal Mail, mining shares decline – MarketWatchMarketWatchRoyal Mail PLC RMG, -0.46% was down 0.6% after the postal services company said first-quarter revenue was unchanged from the year-ago period. Its core U.K. parcel, international and letters business division logged a 2% revenue decline, before certain …and more » More: continued here
The Star Royal Mail faces challenging tradingThe StarThe collapse of the letter service run by Whistl – formerly known as TNT – left the Royal Mail with no national competitor in this market. Ofcom added it will also look at the firm's position in the parcels market “and assess the company's potential …Doddle to trial…
Royal Mail reports flat revenues – parcels up, letters downPost and ParcelRoyal Mail has today (21 July) reported that group revenues were flat for the three months ended 28 June. While the UK parcels were up 3% by volume and 2% by revenue, the UK addressed letter business was down 5% by volume and 4%…
Telegraph.co.uk Benefits by The Sea estate residents 'ask Royal Mail to remove it from their …Telegraph.co.ukBut in response, Royal Mail wrote to all 1,006 homes in the Tudor Estate asking for views on the move. Ronit Wolfson, a company spokesman, said: "Following a request from a resident, Royal Mail is consulting on removing Jaywick as…
Tuesday's Agenda: Royal Mail and BHP Billiton catch the eye – Proactive InvestorsProactive Investors UKStill, strong growth and higher profits will likely be met with caution as regulator Ofcom announced last week that it will switch the focus of its ongoing investigation into Royal Mail to whether, through recent market changes, the company has been…