Royal Mail

Royal Mail's share price falls as it warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year. More: continued here

Telegraph.co.uk Royal Mail shares: are professional investors selling out?Telegraph.co.ukThe company needs the regulator to address the competition threat – a viable universal service is enshrined in law, but the new entrants such as TNT are picking off the valuable postcodes. And Amazon is withdrawing its entire business from Royal Mail… More: continued here

BBC News Royal Mail shares hit as parcel revenue fallsBBC NewsRoyal Mail shares have fallen after the company said that price changes and competition from rivals had affected its parcels business. Shares closed down 3.4% at 450 pence, below the level they hit on the first day of trading as a public company …Royal Mail…

International Business Times UK Royal Mail Shares Dip as Finances Hit by Falling Parcels RevenueInternational Business Times UKRoyal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. Instead, the postal operator said it would have…

Royal Mail Says Strong Letters Volumes Balancing Out Parcel Pressure – UpdateNASDAQRoyal Mail PLC (RMG.LN) warned Tuesday over intensifying competition in the parcel delivery market, but said a stronger-than-expected performance from its letters business will help it meet full-year expectations. "Given the increasing challenges we … More: continued here

New Statesman Its share price has fallen, but the Royal Mail sale was still a debacleNew StatesmanAn announcement today, from the recently privatised Royal Mail PLC, has reignited the debate over whether the company was sold incompently by the coalition. A slight fall in the share price has led some to suggest its IPO was…

Chief executive Moya Greene said revenue growth of just 2% for the three months was "in line with our strategy". Letter volumes fell 3% – less than expected – and were easily offset by higher prices and election traffic. In fact, letter revenue actually grew 3% this time. But a poor performance at the parcels…

Shares in Royal Mail have dropped to their lowest point since privatisation as the FTSE100 delivery company admits it is suffering from "intensifying competition" from the likes of Amazon More: continued here

Royal Mail delivers disappointing updateScotsmanRoyal Mail shares this morning fell to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. The stock, which has … More: continued here

Evening Standard Royal Mail shares fall after warning over Amazon blow to parcels businessEvening StandardRoyal Mail placed its parcels division at the centre of its growth plans in its £3 billion flotation, claiming it was “well-positioned to benefit further from predicted levels of growth in the overall UK parcel market” and telling would-be investors ……