Bournemouth Echo Demolition work continues at former Royal Mail sorting office set to become flatsBournemouth EchoWORK to demolish Bournemouth's former Royal Mail sorting office is continuing in the town centre. The green light was given last year to knock down the deteriorating building, which fell in to disrepair after the Post Office – open since…
BBC News Royal Mail unveil NI Lunar New Year limited edition stampsBBC NewsRoyal Mail has released a limited edition stamp sheet at post offices in five UK cities including Belfast to mark the Lunar New Year, also known as Chinese New Year. The sheet contains images of past celebrations in Belfast, Cambridge, Sheffield …and more »…
Morgan Stanley cuts Royal Mail target priceShareCastMorgan Stanley has noted "continued operational risk" at Royal Mail, as it maintained its 'underweight' rating on the postal delivery group. The bank cut its target price for the shares from 350p to 340p on Tuesday, dragging the shares down 3.6% to 431 … More: continued here
Royal Mail falls after broker warningFinancial TimesRoyal Mail was a faller on Tuesday after Morgan Stanley said next year's earnings expectations look vulnerable. “The decline in letter mail volume could accelerate on the back of weaker macro growth in 2015 and two fewer working days, and parcels …Royal Mail share price slumps on bearish broker noteiNVEZZall…
Royal Mail drops as Greek stalemate weighs on FTSEYahoo Finance UKLONDON (Reuters) – Britain's top equity index fell on Tuesday, as a breakdown in talks over Greece's debt rescue package weighed on European stock markets, while a broker's price target cut hit Royal Mail (RMG.L). The blue-chip FTSE 100 index (.FTSE) … More: continued here
Morgan Stanley has noted "continued operational risk" at Royal Mail, as it maintained its 'underweight' rating on the postal delivery group. The bank cut its target price for the shares from 350p to 340p on Tuesday, dragging the shares down 3.6% to 431.8p by 10:36. More: continued here
BUZZ-Royal Mail: falls on bearish Morgan Stanley noteYahoo Finance UKRoyal Mail (LSE: RMG.L – news) falls 3.6 pct as Morgan Stanley (Xetra: 885836 – news) reiterates "underweight", says further earnings risk from lower mail volume and lack of growth in parcels division. ** Says valuation too generous: 2015e FCF yield of …and more » More: continued…
Broker spotlight including Royal Mail, easyJet, Acacia Mining and Faroe PetroleumProactive Investors UKPostal giant Royal Mail (LON:RMG) was the big downgrade of the day with Morgan Stanley delivering a cut to its target price of 10p to 340p. The heavyweight broker also put an 'underweight' rating on the firm, which floated last year in London…
Morgan Stanley has noted "continued operational risk" at Royal Mail, as it maintained its 'underweight' rating on the postal delivery group. More: continued here
The Guardian Royal Mail drops as Greek stalemate weighs on Britain's FTSEReutersMorgan Stanley price target cut impacts Royal Mail. By Sudip Kar-Gupta. LONDON, Feb 17 (Reuters) – Britain's top equity index fell on Tuesday, as a breakdown in talks over Greece's debt rescue package weighed on European stock markets, while a broker's …FTSE dips on Greece…