Royal Mail profits lower on flat salesBBC NewsRoyal Mail has reported a near 15% fall in half-year profits with revenues little-changed across its business. Letter volumes fell 4% in the six months to the end of September but the fall was offset by a 4% rise in parcel volumes. Royal …
Read More »Jonah Lomu’s death leads to flood of merchandise at eBay and Trade Me – Sydney Morning Herald
Sydney Morning Herald Jonah Lomu's death leads to flood of merchandise at eBay and Trade MeSydney Morning HeraldAfter the sudden death of rugby great Jonah Lomu on Wednesday, online merchants have been cashing in on his death with as many as 100 memorabilia listings on trading sites like Ebay and …
Read More »Royal Mail Posts 30% Fall In Six-Month Profits – Sky News
Royal Mail Posts 30% Fall In Six-Month ProfitsSky NewsRoyal Mail's first-half profits have fallen 30% to £116m – hit by redundancy costs and falling revenues. It blamed higher transformation costs – saying profits would have been flat but for a £94m hit over the six months to 27 September as …
Read More »Royal Mail reports making progress in cost-cutting programme as it says the … – City A.M.
City A.M. Royal Mail reports making progress in cost-cutting programme as it says the …City A.M.Royal Mail reported revenue to be flat compared to last year, in what it calls a "competitive trading environment", and thinks the outlook over the medium and short term remains unchanged, but performance in the …
Read More »Royal Mail delivers flat sales and profits in first half – DIGITALLOOK
DIGITALLOOK Royal Mail delivers flat sales and profits in first halfDIGITALLOOKRoyal Mail failed to deliver revenue growth in the first half as UK and European parcel growth was offset by letters weakness, though the intense focus on costs saw adjusted operating profits also remain flat. Revenue of £4.4bn was in …
Read More »Royal Mail cut 3000 staff over the past 6 months – Business Insider Australia
Business Insider Australia Royal Mail cut 3000 staff over the past 6 monthsBusiness Insider AustraliaRecently privatised Royal Mail continues to struggle to adapt to the private market, cutting staff and overhauling the business in a bid to get itself of a sure footing. The postal service on Thursday put out …
Read More »Royal Mail sees lower operating costs for full year – Reuters UK
Reuters UK Royal Mail sees lower operating costs for full yearReuters UKLONDON Britain's postal firm Royal Mail (RMG.L) said it expected underlying operating costs for its UK letters and parcels business to be at least 1 percent lower for the full year after it posted flat revenue for the first …
Read More »Royal Mail share price little changed ahead of half-year update – iNVEZZ
iNVEZZ Royal Mail share price little changed ahead of half-year updateiNVEZZRoyal Mail's (LON:RMG) share price has been muted this morning, as investors brace for the postal group's first-half results announcement tomorrow. The blue-chip company is expected to post a fall in profits as it struggles against declining letter …Royal Mail …
Read More »Royal Mail sees lower operating costs for full year – Yahoo7 News
Royal Mail sees lower operating costs for full yearYahoo7 NewsLONDON (Reuters) – Britain's postal firm Royal Mail said it expected underlying operating costs for its UK letters and parcels business to be at least 1 percent lower for the full year after it posted flat revenue for the first half. …
Read More »EBay Bears Are at the Gate (Plus: ARMK) – TheStreet.com
EBay Bears Are at the Gate (Plus: ARMK)TheStreet.comThe four dollar rally to $29 from $25, with daily volume surging to between 20 million and 40 million shares a day, would have been a great time for Carl's trading desk to be aggressive and scale-up sellers of EBAY without attracting unwanted …
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