Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …
Read More »Glaxo shares fall for second day on cautious broker outlooks while FTSE 100 extends gains
Getty Images The headquarters of pharmaceutical company GlaxoSmithKline GlaxoSmithKline shares lost ground on Thursday for a second day as brokers reacted cautiously to the U.K. pharmaceutical giant’s outlook. GlaxoSmithKline GSK, -2.58% …
Read More »Glaxo shares fall for second day on cautious broker outlooks while FTSE 100 extends gains
Getty Images The headquarters of pharmaceutical company GlaxoSmithKline GlaxoSmithKline shares lost ground on Thursday for a second day as brokers reacted cautiously to the U.K. pharmaceutical giant’s outlook. GlaxoSmithKline GSK, -2.58% …
Read More »Pound and U.K. stocks fall as Boris Johnson ramps up hard Brexit fears
The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21% made slight gains but the …
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 »European stocks dip on China concerns
Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …
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