Royal Mail Shares Hit 500p A Week After Sale
Royal Mail shares hit 500p, valuing the group up 50% at £5bn a week after shares in the company were sold by the Government. More: continued here
Royal Mail shares hit 500p, valuing the group up 50% at £5bn a week after shares in the company were sold by the Government. More: continued here
Telegraph.co.uk Royal Mail: Vince Cable defends sale price as shares rise againBBC NewsBusiness Secretary Vince Cable has defended the 330p flotation price of Royal Mail on a day when shares in the company briefly touched £5. Value for money was important, but it was "about more than just the level of proceeds received on day…
The robust price shows there is still heavy demand from buyers. So who wants to buy in at 499p – is Royal Mail still a good deal at that level? More: continued here
Royal Mail stock has soared by as much as 51% on the government's offer price of 330p. More: continued here
SIMON LAMBERT: Should you hold on to Royal Mail shares, sell them, or buy …This is MoneyPlenty have already cashed out but many are also still sat on Royal Mail shares and wondering what to do next – even if they got far less than they hoped for thanks to the flat 227 share allocation…
Hartlepool Mail The SNP is playing cynical politics with the Royal MailLeft Foot ForwardThis week the dreadful privatisation of the Royal Mail was signed, sealed and delivered against a backdrop of widespread opposition from those who fear for the future of our postal service. And whilst the SNP at their conference in Perth this weekend…
Nottingham Post Royal Mail workers vote to strike this NovemberExpress.co.uk… about shares.” Union members are due to walk out for 24 hours on November 4. A Royal Mail spokesman called the CWU announcement “disappointing” and added that “a majority of the union membership chose to vote against strike action or abstain”.Workers at newly privatised Royal…
Royal Mail shares hit new high on first day of full tradingReuters UKA poll by YouGov over the weekend showed while opposition to the sale had fallen, with 56 percent believing it was wrong compared with 67 percent in July, 43 percent said they thought Royal Mail had been sold for less than it was…
Telegraph.co.uk Royal Mail shares resume their climbTelegraph.co.ukRoyal Mail is expected to enter the FTSE 100 at December's index review. If the group was already in the index, the current volume of borrowing would rank it as only the 60th most shorted blue-chip stock, according to SunGard market analyst Karl Loomes. More: continued here
Telegraph.co.uk Royal Mail Staff To Strike In NovemberSky NewsThe union ballot of around 115,000 of its members at Royal Mail and Parcelforce returned a 4-1 decision on a 63% turnout in favour of industrial action, which is linked to the recently completed privatisation of the service. The vote was returned …Royal Mail shares start to…