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Tag Archives: Category:All

Royal Mail Union approves strike action

Royal Mail staff voted overwhelmingly in favour of going on their first strike in a decade. Over 97% of votes by members of the Communication Workers Union backed a strike. The turnout was 76% (around 110,000 UK postal workers). The result was the largest yes vote for national industrial action …

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FTSE 250 movers: IG Group climbs, Dunelm drops

London’s FTSE 250 was 0.15% higher at 20,083.88 in afternoon trade on Thursday, with IG Group leading the index higher. Shares of the online trading platform surged as it reported flat first-quarter revenues, saying that it performed well and backed its expectations for a return to revenue growth in FY20. …

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FTSE 250 movers: Metro Bank chugs higher, Kainos falls

London’s FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher. Aston Martin Lagonda also racked up solid gains, following other luxury goods stocks higher on investor optimism that a breakthrough in Hong Kong will ensure continued demand from Chinese consumers. …

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FTSE 250 movers: PureTech drops, Royal Mail rises

London’s FTSE 250 was down 0.07% at 19,193.47 in afternoon trade on Thursday, with PureTech Health leading the index lower. John Laing was also under the cosh as it posted a slump in half-year pre-tax profit and reported £66m of writedowns on renewable energy assets in Australia due to industry …

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FTSE 250 movers: Royal Mail dips, pubs fizz higher

London’s FTSE 250 was down 0.14% at 19,071.83 in afternoon trade on Tuesday, with Royal Mail leading the index lower. Shares in the postal service outfit were under the cosh as analysts at JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of …

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Broker tips: Greene King, Royal Mail

Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …

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FTSE 250 movers: Amigo dives, Capita leaps

London’s FTSE 250 was down 0.36% at 19,596.33 in afternoon trade on Thursday, as Amigo Holdings led the index lower. Meanwhile, Intu dived lower for the second session in a row as analysts at Goldman Sachs slashed their price target for the stock from 84p to 40p the day after …

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