Haringey Independent Royal Mail promise special delivery service for HornseyHaringey IndependentRoyal Mail will trial a new early morning delivery service to minimise the impact of closing the Hornsey Sorting Office. The service, usually only in place at Christmas time, will see parcels delivered between 7am and 9am, when people are most likely … More: continued…
Broker tips: Royal Mail, Meggitt, Intertek, ImaginationShareCastRoyal Mail Group's (RMG) stock was dented on Tuesday by comments from Credit Suisse, which said it sees "no near-term positive catalysts" for the postal company. The bank slashed its target price for the shares from 460p to 360p as it kept an … More: continued here
Royal Mail widens access to its click and collect servicesInternetRetailing.netRetailers who are Royal Mail contract customers get direct access to the Local Collect through its API, which gives retailers access to all Post Office details and enables them to integrate the service to their website so that shoppers can choose their … More: continued here
Royal Mail, Intertek, Weir, IAG, Action Hotels …Proactive Investors UKAnother downgrade for Royal Mail (LON:RMG), this time from Credit Suisse, which is now predicting fair value for the postal group is only just above last October's 330p float price. Problems looming include overcapacity in the UK parcels market … More: continued here
Woodford buys Royal Mail for £2.4bn income fundCitywire.co.uk'This [Royal Mail] is fundamentally a very attractive, cash generative business. It has its challenges, not least the competitive threat in profitable, densely populated areas. But it has its opportunities too, such as slowly working to bring its cost … More: continued here
Royal Mail introduces 'click and collect' service for small businessesThe DrumThe Royal Mail has begun phasing in a new 'click and collect' service to 20,000 small and medium sized businesses as it moves to capitalise on its burgeoning parcels business. Customers will now be able to collect packages up directly from any of 10 ……
Woodford buys Royal Mail stake for £2.4bn income fundCitywire.co.ukStar manager Neil Woodford has invested 1.5% of his flagship UK Equity Income fund 's assets in Royal Mail. Woodford's eponymous firm Woodford Investment Management said it had added several new holdings to the fund, of which the Royal Mail stake is … More: continued here
Royal Mail drops on overcapacity concernsFinancial TimesIncreasingly, the government's price on the controversial privatisation of Royal Mail has been looking less wrong. The stock fell to its lowest level since its debut day on Tuesday, losing 3.6 per cent to 405.5p. That was still above a 330p flotation …Royal Mail set to test sale price,…
Royal Mail PLC (LON:RMG) and GlaxoSmithKline plc (LON:GSK) catch the eye among the ace investor's latest trades. More: continued here
Royal Mail set to test sale price, suggests City brokerProactive Investors UKRoyal Mail's (LON:RMG) share price is heading lower and could even dip below the level of last October's float according to leading City broker Credit Suisse. After soaring to more 600p at the start of 2014, the price has since fallen back to 405p,…