Tag Archives: INTERNATIONAL DISTRIBUTIONS SERVICES

THE “gross mismanagement” of Royal Mail is to blame for the privatised firm slumping to losses of more than £1 billion, the Communication Workers Union (CWU) warned today. The owner of the 500-year-old company, International Distributions Services (IDS), revealed it suffered an operating loss of £1.04bn for the year to late March, …

Speculation has proved correct – embattled Royal Mail CEO Simon Thompson is to leave the business. Earlier this week Sky News reported that Thompson was in advanced talks about his departure, following a torrid period that included being recalled by MPs on the business select committee after an unconvincing …

International Distributions Services plc (OTCMKTS:ROYMY – Get Rating)’s share price traded up 0.2% on Friday . The company traded as high as $6.18 and last traded at $6.18. 285 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,906 shares. The stock had …

Barclays restated their equal weight rating on shares of International Distributions Services (LON:IDS – Get Rating) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 250 ($3.12) target price on the stock. Separately, JPMorgan Chase & Co. dropped their price target on shares …

An end could be in sight to the long-running dispute at Royal Mail. Over the weekend the Communication Workers Union (CWU) announced that it had reached a “negotiators agreement” with Royal Mail Group, after nearly a year of strife between its members and the postal operator. The CWU said …

Talks between Royal Mail management and the CWU have concluded without an agreement being reached – and predictably there’s also a disagreement about the lack of an agreement. The Communication Workers Union issued an update this morning (5 April), stating that the latest talks with Royal Mail had ended …

International Distributions Services plc (OTCMKTS:ROYMY – Get Rating) has been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy …

Royal Mail parent International Distributions Services has put a £200m price tag on the cost of last year’s strike action, and said that asset sales will be required to support cashflow at the postal operator. In a trading update for the nine months to 31 December 2022, IDS said …

Embattled Royal Mail boss Simon Thompson has been recalled to the BEIS committee of MPs over the apparently inaccurate information he gave last week – just as CWU members are re-balloting on further industrial action and a cyber attack continues to disrupt its export parcels business. Earlier this week, …

Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted …