Wealth manager St James’s Place has been rocked this year by allegations of forgery, mis-selling, lavish staff spending and is facing a legal case brought by former footballers. But it was a swipe from Goldman Sachs analysts that sent shares in the FTSE 100-listed group lower yesterday. Goldman bucked the …
Read More »FTSE 100’s losses lengthen as US markets open lower
The UK’s premier share benchmark finished down around 53 points at 7,362. On the week as a whole, it rose around 0.5% FTSE 100 index closes down 53 points US markets lower on shortened trading day Ocado top Footsie gainer 5pm: FTSE closes down but higher on week …
Read More »Barclays Reiterates “Overweight” Rating for Royal Mail (LON:RMG)
Royal Mail (LON:RMG)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a report released on Thursday, November 21st, Digital Look reports. They currently have a GBX 250 ($3.27) price target on the stock. Barclays‘s price objective would suggest a potential upside of 19.90% from the company’s …
Read More »This market is a better bet than U.S. stocks in 2020, Barclays says
It may be a typically subdued day for stocks post-Thanksgiving, but escalating tensions between the U.S. and China over President Donald Trump’s support for Hong Kong have concerned investors. Trump signed two bills expressing support for human rights in the region on Thursday and U.S. futures are falling for a …
Read More »Royal Mail (OTCMKTS:ROYMF) Rating Lowered to Market Perform at Sanford C. Bernstein
Royal Mail (OTCMKTS:ROYMF) was downgraded by stock analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a report issued on Friday, Briefing.com Automated Import reports. ROYMF has been the subject of several other reports. Liberum Capital lowered shares of Royal Mail from a “hold” …
Read More »Post Office relationships ‘still recovering’ from strike action
Friday, November 29th, 2019 1:53pm Manager admits walk-out was “heartbreaking” Postal strikes on the Isle of Man were “very unpleasant” and relationships at the post office are still not back to where they were. That’s according to the board’s general manager of mail strategy, Geoff Rickard. …
Read More »Plans confirmed for Gosport Post Office to move to new location next year
Published: 11:17 Friday 29 November 2019 EMPTY premises in Gosport High Street will be the home of the Post Office when it relocates next year. The date of the move is being finalised for the Post Office to open at its new location at 132 High Street, 560ft …
Read More »FTSE 100’s losses lengthen as US markets open lower
“It’s been quite the forgettable week and I don’t think today is going to be any more memorable,” said Craig Erlam of Oanda, nutshelling it totally. FTSE 100 index falls 38 points US markets open lower on shortened trading day Reach dodges bullet as it pulls out of …
Read More »ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Receives Average Rating of “Hold” from Brokerages
Shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) have been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. A number of …
Read More »Trade unions braced for ‘Winter of Discontent’ headlines
ANY pre-election threat of industrial action presents an immediate target for Conservative politicians and their media allies. Add to the mix a pledge by the Labour Party to row back on ever-tightening legal restrictions on trade union activity, and within an instant Conservative-supporting newspapers are warning of an imminent repeat …
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