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 »WSJ Wealth Adviser Briefing: Stocks Get Vaccine Boost, Threats Facing Car Sales , New Year Travel Changes
Mercer Global Advisors, a large nationwide RIA that has grown via dozens of acquisitions, announced another deal: the purchase of Kays Financial Advisory, an Atlanta-based wealth management firm. Founded in 1985 by Scott Kays, the 17-person firm serves about 700 clients. A Form ADV filed in early December lists Kays’ …
Read More »Royal Mail shares slump as guidance and lack of dividend disappoint
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% …
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