Royal Mail PLC Given Consensus Rating of "Hold" by Brokerages (LON:RMG)Dakota Financial NewsRoyal Mail PLC logo Shares of Royal Mail PLC (LON:RMG) have earned an average rating of “Hold” from the fifteen ratings firms that are currently covering the stock, ARN reports. Five investment analysts have rated the stock with a sell rating, six have…
Financial Times Royal Mail reassures despite revenue fallFinancial TimesIn the 12 months to March 30, Royal Mail's pre-tax profit plunged from £1.7bn to £400m, mainly because the company recorded a large one-off pension benefit in 2013-14. Underlying operating profit rose 1.8 per cent to £740m in 2014-15, as group revenue …Royal Mail's stock price just tanked…
Professional Pensions Royal Mail scheme surplus rises 88% to £3.2bnProfessional PensionsThe Royal Mail Senior Executives Pension Plan, a much smaller DB plan that closed to future accrual in 2012, will also be included in the valuation. The company expects the combined actuarial surplus for the schemes will be £1.8bn if the assumptions …and more » More:…
MarketWatch UK stocks edge up as miners rise; pound climbs as retail sales strengthenMarketWatchU.K. stocks clung to thin gains Thursday, with miners outperforming the benchmark FTSE 100 after the release of Chinese manufacturing data. Meanwhile, the pound climbed following a strong monthly reading for British retail sales. Sterling: The pound …UK Stocks-Factors to watch on May…
Royal Mail 2015 pretax profit hit by chargesMarketWatchLONDON–U.K. postal company Royal Mail PLC (RMG.LN) said Thursday it is trading in line with expectations though conditions remain challenging, as it posted a fall in pretax profit because of exceptional charges. The company reported a pretax profit of …Royal Mail FY15 Pretax Profit DeclinesBenzingaNews & Tips: Royal Mail,…
Royal Mail FY15 Pretax Profit DeclinesBenzingaRoyal Mail's pretax profit for the year slipped to 400 million pounds ($621 million), versus a year-ago profit of GBP1.66 billion. Excluding certain items, the company's pretax profit surged to GBP569 million versus GBP419 million. Adjusted EPS climbed …LONDON MIDDAY BRIEFING: Royal Mail Outlook Causes ConcernsLondon South Eastall 8 news…
Financial Times Royal Mail blames competition for lower revenuesFinancial TimesRoyal Mail blamed tough competition for lower-than-expected revenues from its key UK parcels business last year, although the recently privatised mail operator sought to reassure shareholders that it is delivering on cost savings. Pre-tax profit last …Royal Mail reports rise in profitsBBC NewsRoyal Mail's stock price…
Workplace Savings & Benefits Royal Mail boosts pension contribution by 50% and installs plans for holiday …Workplace Savings & BenefitsWe hope to take a collaborative approach once the case law becomes clearer. "Based on our estimates of the potential financial impact, we believe that we have made sufficient provision for any historic liabilities that may…
Royal Mail: kisses through the post from Moya the DestroyerFinancial Times“Dear Mr Investor, You own 0.0001 per cent of my company's stock. So I'm sure you'll be as pumped as I am that full-year operating profits after transformation costs leapt 5 per cent to £595m. I'm smiling warmly at you! – Moya … More: continued here
UPDATE 1-Cost savings help Royal Mail deliver profit riseReutersRoyal Mail's shares have fallen 19 percent below their post-privatisation peak on concerns over a squeeze on parcel prices caused by over capacity in the market, the threat of a rival letter-delivery service, regulatory disputes and concerns over its …and more » More: continued here