June 27 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times The former boss of Royal Mail has stepped down from the board of Rio Tinto Plc after less …
Read More »The Huawei-FedEx Saga Continues: See the Whole Timeline | News & Opinion
PCMag’s Huawei P30 Pro phone, which has caused a still-unfolding international incident, is back in the mail. After another false start, FedEx insists that this time, it will be delivered. We’ve created a full timeline of how this very much ongoing saga has unfolded thus far. It all started last …
Read More »Deutsche Bank Lowers Royal Mail (LON:RMG) Price Target to GBX 150
Royal Mail (LON:RMG) had its price target decreased by Deutsche Bank from GBX 180 ($2.35) to GBX 150 ($1.96) in a report released on Tuesday, June 4th, ThisIsMoney.Co.Uk reports. The firm presently has a “sell” rating on the stock. Deutsche Bank’s target price would suggest a potential downside of 25.11% …
Read More »Royal Mail PLC (LON:RMG) Receives Average Recommendation of “Hold” from Brokerages
Shares of Royal Mail PLC (LON:RMG) have earned an average rating of “Hold” from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to …
Read More »Teenager David Probert died when he crashed into house after speeding away from police
A teenager killed when his car crashed into a house sped away from police despite the fact officers were responding to calls that had nothing to do with him, an inquest heard. David Leonard Probert, 19, jumped into his car and drove off at speed and with his headlights off …
Read More »Royal Mail (LON:RMG) Price Target Lowered to GBX 170 at Jefferies Financial Group
Royal Mail (LON:RMG) had its price target reduced by investment analysts at Jefferies Financial Group from GBX 220 ($2.87) to GBX 170 ($2.22) in a research report issued to clients and investors on Monday, June 3rd, ThisIsMoney.Co.Uk reports. The firm currently has an “underperform” rating on the stock. Jefferies Financial …
Read More »Royal Mail: Undervalued E-Commerce Play At 8x Earnings And 8% Yield – Royal Mail plc (OTCMKTS:ROYMF)
Editor’s note: Seeking Alpha is proud to welcome Das Kapital Asia as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more » Valuation is quite …
Read More »Greene leaves Rio after less than a year
The former boss of Royal Mail has stood down from the board of Rio Tinto after less than a year, saying that the role was taking up more time than … Source link
Read More »Royal Mail (LON:RMG) Earns “Buy” Rating from Goldman Sachs Group
Goldman Sachs Group restated their buy rating on shares of Royal Mail (LON:RMG) in a research report released on Monday, June 10th, ThisIsMoney.Co.Uk reports. A number of other equities research analysts also recently commented on the stock. UBS Group reissued a neutral rating and issued a GBX 282 ($3.68) price …
Read More »Rio Tinto director Dame Moya steps down
Dame Moya Greene has resigned from the Rio Tinto board after just nine months because the role was taking more of her time than she previously anticipated. The UK-based former Royal Mail and Canada Post boss joined the mining giant’s board as a non-executive director in September 2018 and will …
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