London stocks had maintained gains by midday on Tuesday, having taken their opening cue from a positive close on Wall Street, with Royal Mail pacing the advance after a well-received update. The FTSE 100 was up 0.8% at 7,357.44, having slumped 2.6% on Monday amid growing tensions between Russia and …
Read More »JPMorgan puts Royal Mail on ‘Negative Catalyst Watch’, shares slump
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on ‘Negative Catalyst Watch’ ahead of the company’s next update on 10 February. “While we don’t expect a disappointment on revenue, this will be supported by Covid testing and so will reverse over time,” JPM said. “We also believe …
Read More »Royal Mail successfully delivers letter addressed to ‘The Lord Bishop and his sexy wife’
Lifestyle 9 Jan, 2022 12:53 AM2 minutes to read Right Reverend John Inge and Helen Jane Colston Inge from Worcester attending day one of Royal Ascot at Ascot Racecourse. Photo / Getty Images The Bishop of Worcester was surprised to see a letter in his mailbox addressed to him “and …
Read More »Post office delivers man’s letter with only his “life story” as an address
London — Britain’s postal service, the Royal Mail, was able to work out who an unaddressed letter was meant for when the sender included only the recipient’s first name, postcode, and “life story.” Hearty applause to @RoyalMail Cushendall and Ballymena for being able to deliver this letter to me today …
Read More »Broker tips: JD Wetherspoon, Restaurant Group, Royal Mail, James Fisher
Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms. The bank downgraded JD Wetherspoon to ‘hold’ from ‘buy’ and cut its price target on the stock to 1,050.0p from 1,650.0p, stating it still thinks Wetherspoons is a very well-run business …
Read More »Barclays hikes Royal Mail price target on growth expectations
Barclays hiked its price target on Royal Mail to 640p from 550p on Thursday, citing expectations of growth in FY23. The bank said it expects “solid” Christmas trading, as indicated by the recent ‘Barclays UK Spend Trends’ discretionary retail spend signal. “UK domestic volumes continue to be supported by antigen …
Read More »Royal Mail plc – Transaction in Own Shares
Royal Mail plc – Transaction in Own Shares. The Company announces that on 13 December 2021 it had purchased a total 183,506 of its ordinary shares of GBP0.01 each (the ‘ordinary shares’) on the London Stock Exchange, Cboe BXE and Cboe CXE, through the Company’s broker, Merrill Lynch International, as …
Read More »Royal Mail sells last 3 Nine Elm plots for £112m
Royal Mail on Monday said it had exchanged contracts to sell the last three remaining plots on its Nine Elms Park site to London Square for £111.2m. Profits from the sale would be used in line with Royal Mail’s capital allocation policy, with around £35m to be reinvested into the …
Read More »Last posting dates for Christmas delivery 2021: Royal Mail, Hermes, Parcel Forces and…
1 December 2021, 17:10 This is when you need to get your Christmas presents posted. Picture: Getty When are the last posting dates for Christmas delivery? Here’s everything you need to know about the postal schedule from Royal Mail to Parcel Force. Royal Mail, Hermes and Parcel Forces are among …
Read More »Royal Mail : Remote and rural areas of UK are shopping hotspots for online Black Friday purchases
Royal Mail today reveals the top ten areas where shoppers made the most online purchases over the course of Black Friday weekend this year. Savvy shoppers in Shetland Islands top the list of the UK’s top buyers in the biggest cyber shopping event of the year, followed by Kirkwall, Hebrides, …
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