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Tag Archives: retail

Royal Mail – New Name, Same Old Problems

(MENAFN- ValueWalk) talhakhalil007 / Pixabay Weaker retail trends, fewer test kit deliveries and a structural decline in letters meant revenue fell 5.1% to £3.0bn in the first quarter. This reflected an 11.5% decline in Royal Mail PLC (LON:RMG) revenue which more than offset a 7.8% increase at GLS. With …

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U.K. stocks extend negative streak for second day

U.K. stocks fell Wednesday, as the FTSE 100 Index UKX, -0.08% closed at 7,593.00. Of the FTSE 100 constituents, air freight company Royal Mail PLC RMG, -5.17% saw the largest decrease Wednesday, as shares shed 5.17% Shares of investment advisors firms Schroders PLC SDR, -3.23% abrdn PLC ABDN, -2.48% dropped …

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