Interactive Investor What you really think of Royal Mail sharesInteractive InvestorIt's hard to believe that a year has passed since the controversial Royal Mail (RMG) IPO. In that time shares in the letters and parcels giant have soared and fallen. But, crucially, they remain significantly higher than the 330p float price. To … More: continued…
Royal Mail: Buy, hold or sellInteractive InvestorWhether it's a missing letter, late post, or a lost parcel, everyone has an opinion on Royal Mail (RMG). Since October last year, the financial community has, too. So we've pulled together the views of some of the City's most-respected fund managers … More: continued here
CITY A.M. Royal Mail share price rises as company earmarks £18m for French fineCITY A.M.Royal Mail has earmarked £18m to pay a fine to French competition authorities, over claims one of its subsidiaries breached antitrust laws. The postal group's subsidiary GLS France is currently being investigated over activities dating back to before 2010.Royal Mail strikes…
Union leaders have branded Royal Mail’s privatisation a “national disgrace” – one year on. The postal giant floated on the stock market 12 months ago. More: continued here
Royal Mail settles over French probeWestern Daily PressRoyal Mail is poised to pay a fine of around £12 million after it reached a settlement with competition authorities investigating its loss-making French parcels operations. The group said it had set aside a total of £18 million to include its legal … More: continued here
Royal Mail share price wavers as £18m deal over French fine is struckCITY A.M.In a statement yesterday, Royal Mail said it now expected the fine it faced to be reduced, following the offer to settle before the case concluded. The fine was likely to be announced in the second half of the 2015-16 financial year,…
CITY A.M. Royal Mail IPO share price: One year on – will Vince Cable have the last laugh?CITY A.M.The pressure on business secretary Vince Cable to admit that the government made a mistake pricing Royal Mail shares at 330p has been steadily building since the company floated a year ago. On the first day of…
Royal Mail strikes £18m deal over French fineCITY A.M.In a statement yesterday, Royal Mail said it now expected the fine it faced to be reduced, following the offer to settle before the case concluded. The fine was likely to be announced in the second half of the 2015-16 financial year, the group added. More: continued…
Royal Mail Settles French Antitrust ProbeWall Street JournalRoyal Mail said it had made a provision of £18 million ($29 million), to be taken in its half-year results ended Sept. 28, to cover any fine and associated legal costs. The amount of the potential fine isn't expected to be determined until the second … More: continued…
Royal Mail: Buy, sell, or holdInteractive InvestorWhether it's a missing letter, late post, or a lost parcel, everyone has an opinion on Royal Mail (RMG). Since October last year, the financial community has, too. So we've pulled together the views of some of the City's most-respected fund managers … More: continued here