The investment bank which proposed a near-£10bn valuation for Royal Mail defended its approach on Wednesday, saying it had not had access to inside information and had taken a bullish view of the company's prospects. More: continued here
Read More »12.3 Reasons That May Make Royal Mail Group plc A Buy
Today I am outlining why I believe that Royal Mail Group still offers great value for money for those seeking excellent earnings growth. Primed to post steady earnings growth Shares in Royal Mail (LSE: RMG.L – news) have exploded since flotation back in mid-October, gaining more than 67% in little …
Read More »Harry Potter stamps rattle US philatelists – FRANCE 24
Harry Potter stamps rattle US philatelistsFRANCE 24AFP – The loss-making US Postal Service (USPS) introduced Harry Potter stamps Tuesday, delighting fans of the fictional boy wizard but angering some philatelists who complain he's not American. The limited edition of 20 stamps feature images of … More: continued here
Read More »RESEARCH ALERT-Royal Mail: Barclays starts with equal weight – Reuters
RESEARCH ALERT-Royal Mail: Barclays starts with equal weightReutersNov 20 (Reuters) – Royal Mail PLC : * Barclays starts with equal weight rating; target price 466p For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on Reuters 3000Xtra users, double-click Thomson … More: continued …
Read More »Royal Mail Group: Mis-priced or fair value?
UBS has told clients to 'sell' their shares in Royal Mail, saying the postal service is now over-valued. More: continued here
Read More »Royal Mail PLC : UK Mail profit buoyed by jump in parcel delivery volumes – 4-traders (press release)
The Guardian Royal Mail PLC : UK Mail profit buoyed by jump in parcel delivery volumes4-traders (press release)(Reuters) – Parcel delivery company UK Mail Group Plc (>> UK Mail Group PLC) said pretax profit rose 63 percent in the first half as there were three extra working days in the …
Read More »Banks quizzed on Royal Mail sale – ITV News
ITV News Banks quizzed on Royal Mail saleITV NewsBanks quizzed on Royal Mail sale. Bosses from six banks will appear before the Business Select Committee in Parliament today as controversy over the Royal Mail sale continues. Unions claim the taxpayer has lost hundreds of millions of pounds due to an … …
Read More »Royal Mail float adviser UBS says 'sell' postal firm's shares
LONDON (Reuters) – UBS (VTX:UBSN), one of the banks which advised the British government on the sale of Royal Mail (RMG.L), on Wednesday placed a sell recommendation on its shares saying investors were … More: continued here
Read More »Royal Mail shares at 550p compared to initial 330p – ITV News
ITV News Royal Mail shares at 550p compared to initial 330pITV NewsRoyal Mail shares were prices at 550p each yesterday, up two thirds from the initial value. Credit: PA. Goldman Sachs and UBS were the investment banks that ran Royal Mail's flotation last month, while JP Morgan, Citibank and Deutsche …
Read More »Sell Royal Mail, Urges Bank That Led Deal
One of the investment banks that led the £3.3bn privatisation of Royal Mail (LSE: RMG.L – news) told clients to sell the postal operator's shares on Wednesday, arguing that the company was now over-valued. Sky News has obtained a research note issued by UBS (Xetra: UB0BL6 – news) , one …
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