By Joe Hoppe Royal Mail PLC is scheduled to report results for fiscal 2022 on Thursday. Here’s what you need to know: REVENUE FORECAST: The U.K. postal company is expected to report revenue for the year ended March 27 of around 12.83 billion pounds ($16.03 billion) according to a consensus …
Read More »U.K. stocks weaken for first time in two days
U.K. stocks decreased Thursday, as the FTSE 100 Index UKX, +0.24% finished down 0.83% at 7,515.68. Among FTSE 100 constituents, air freight company Royal Mail PLC RMG, +0.64% saw the largest decline Thursday, as shares fell 4.78% Shares of advertising/marketing/public relations firm WPP PLC WPP, +0.70% and food products company …
Read More »U.K. stocks extend winning streak for second day
U.K. stocks finished up Thursday, with the FTSE 100 Index UKX, -0.01% rising 1.25% at 7,383.11. Among FTSE 100 constituents, gambling industries company Entain PLC ENT, +3.00% saw the largest increase Thursday, as shares rallied 4.36%. Shares of precious metals firm Fresnillo PLC FRES, +1.01% and containers/packaging company Smurfit Kappa …
Read More »Go-Ahead Group Appoints Sarah Mussenden CFO
By Anthony O. Goriainoff Go-Ahead Group PLC said Wednesday that Sarah Mussenden has been appointed chief financial officer effective May 9, and that interim CFO Gordon Boyd will remain in the role until the end of March. The U.K. public-transport operator said Ms. Mussenden has extensive experience across a number …
Read More »UK Regulator Proposes New Protections for Parcel Customers
By Kyle Morris A U.K. regulator said Thursday that it is proposing new protections for people sending and receiving parcels. The Office of Communications plans to improve how delivery firms handle complaints, introduce new rules to ensure the fair treatment of disabled people and introduce regulatory certainty to allow Royal …
Read More »Madrid, the City That Wouldn’t Lock Down
Madrid Isabel Díaz Ayuso became something of a culinary sensation earlier this year. At least one restaurant named a pizza after the Spanish politician and leader of the Madrid regional government. Ms. Díaz Ayuso’s face also appeared on the label of an artisanal beer. Then there are Ayuso-style papas, which …
Read More »Royal Mail, Persimmon buck otherwise weak FTSE 100
The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
Read More »AstraZeneca and ASML lead European stocks on a rebound after Wall-Street induced rout
European stocks joined in on a global bounce on Wednesday, as pressure on bond yields eased somewhat and investors went hunting for beaten-down names. The Stoxx Europe 600 index SXXP, +0.13% rose nearly 0.8% to 455.87, after a 2% drop on Tuesday, which was the biggest percentage decline since July …
Read More »Royal Mail Revenue Grew 8.2% 5-Mos Year-on-Year
By Jaime Llinares Taboada Royal Mail PLC said Thursday that its adjusted operating profit for the first half ending Sept. 30 is expected to be between 395 million and 400 million pounds ($537.9 million-$544.7 million). The company said that both the adjusted operating profit and margin of its Royal Mail …
Read More »Stock Futures Edge Down Ahead of Powell’s Comments
U.S. stock futures edged lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the S&P 500 ticked down 0.1%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last …
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