The property sits on over one acre of land A Royal Mail post box sits on the property (Image: McCartneys Property/Rightmove) A bargain property is up for grabs in the rolling hills of Shropshire. The Smithy sits in 1.27 acres in the Craven Arms area of the county. And it …
Read More »MARKET REPORT: Shares in Royal Mail plunge
Shares in Royal Mail plunged after a broker painted a bleak outlook for its future. In a blow to the FTSE 250 postal group, JP Morgan lowered the stock’s rating to ‘neutral’ from ‘overweight’, and cut the target price to 270p from 360p. ‘This reflects growing losses in the UK, …
Read More »MARKET REPORT: Shares in Royal Mail plunge
MARKET REPORT: Shares in FTSE 250 postal group Royal Mail plunge after broker paints bleak outlook for future By John Abiona For The Daily Mail Published: 16:50 EDT, 16 September 2022 | Updated: 16:50 EDT, 16 September 2022 Shares in Royal Mail plunged after a broker painted a bleak outlook …
Read More »JPMorgan Chase & Co. reduces its stock rating on Royal Mail (OTCMKTS: ROYMY).
JPMorgan Chase & Co. equity analysts have shifted their recommendation for Royal Mail (OTCMKTS: ROYMY) from “overweight” to “neutral” in a research note that was distributed to investors on Friday. Other industry professionals who focus on stocks have also authored research papers about the company, which have been published. Berenberg …
Read More »FedEx is flashing a recession warning sign – but there are reasons to view it with skepticism
A FedEx worker makes a delivery on Sept. 16, in Miami Beach, Fla.Joe Raedle/Getty Images After FedEx Corp. FDX-N reported weak preliminary financial results and warned of a recession, the stock market shuddered, highlighting the importance many investors attribute to the global delivery giant. FedEx’s share price fell 21.4 per …
Read More »FTSE 100 down 16 points, sterling hits 37 year low, Royal Mail hit by FedEx warning By Proactive Investors
FTSE 100 down 16 points, sterling hits 37 year low, Royal Mail hit by FedEx warning opens lower after weak UK retail sales, pound falls to 37 year low World Bank warns higher rates could cause global recession Royal Mail hit by FedEx warning Royal Mail PLC (LSE:RMG) dipped today …
Read More »FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe
FedEx said in a statement on Thursday that it expected to report that its profit shrank in the latest quarter, a decrease the shipping giant attributed to a broader slowdown of the global economy, sending the company’s stock price sharply lower. In a preliminary financial statement for the quarter, which …
Read More »What’s closed in Britain on the day of the Queen’s funeral?
Britain is in an official state of mourning after Queen Elizabeth II passed away last week. Huge crowds have gathered to catch a glimpse of the late monarch’s coffin, which was moved from Buckingham Palace to London’s Westminster Hall on Wednesday, where it will remain until her funeral on Monday. …
Read More »European delivery rivals slump after FedEx profit warning
Shares of European delivery firms skidded Friday morning after a profit warning from FedEx. Royal Mail shares skidded 10% in London, while DHL owner Deutsche Post stock slid 7% in Frankfurt. FedEx blamed “macroeconomic weakness” in Asia and “service challenges” in Europe for a $500 million revenue shortfall in these …
Read More »European delivery rivals slump after FedEx profit warning
Shares of European delivery firms skidded Friday morning after a profit warning from FedEx FDX, -21.64%. Royal Mail RMG, -8.08% shares skidded 10% in London, while DHL owner Deutsche Post DPW, -6.75% stock slid 7% in Frankfurt. FedEx blamed “macroeconomic weakness” in Asia and “service challenges” in Europe for a …
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