Royal Mail (LON:RMG) Hits New 52-Week Low at $255.50

Shares of Royal Mail plc (LON:RMG – Get Rating) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 255.50 ($3.09) and last traded at GBX 260.30 ($3.15), with a volume of 639435 shares trading hands. The stock had previously closed at …

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UK royal mail staff to stage biggest strike

More than 115,000 postal workers are to strike over four days in the coming weeks as part of a salary dispute. The Communication Workers Union said it would be the biggest strike of the summer so far to demand a “dignified, proper pay rise”. The union said management had responded …

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Royal Mail (LON:RMG) Rating Reiterated by JPMorgan Chase & Co.

Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. A number of other brokerages also recently weighed in on RMG. Barclays reaffirmed an “overweight” rating and …

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Rewrite the rules of the UK’s private pension system

Two-thirds of the financial wealth of British households is saved for private pensions. Yet the UK pension system is highly inefficient. On a conservative estimate, if the UK system matched best practice in the Netherlands, Canada or Denmark, for the same pension payments British savers could expect a reliable income …

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