Telegraph.co.uk Royal Mail warns of 'uncertainty' caused by Ofcom probeTelegraph.co.ukRoyal Mail has warned of a “create a period of uncertainty in the UK postal market” after Ofcom signalled a longer review of the delivery company's so-called access charges than it expected. The recently privatised delivery company said it was “keen …
Read More »Royal Mail: Lazard Being Quizzed By MPs Over IPO Price
The Public Accounts Committee confirmed that the independent financial adviser for the controversial sale of Royal Mail will be quizzed by politicians over the delivery service's IPO price. The PAC spokesperson said that Lazard will give evidence to the committee, which is led by Margaret Hodge, on 30 April. At …
Read More »Royal Mail PLC Receives Overweight Rating from JPMorgan Chase & Co. (RMG) – WKRB News
Royal Mail PLC Receives Overweight Rating from JPMorgan Chase & Co. (RMG)WKRB NewsRoyal Mail PLC (LON:RMG)'s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, American Banking & Market News reports. They currently have a GBX 765 ($12.68) price target on …
Read More »Committee to quiz Lazard over Royal Mail sale – Reuters UK
Yahoo!7 News Committee to quiz Lazard over Royal Mail saleReuters UKThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound listing of Royal Mail and said it had sold the company too cheaply. …
Read More »Watchdog to quiz Lazard over Royal Mail sale – Reuters UK
Watchdog to quiz Lazard over Royal Mail saleReuters UKThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound listing of Royal Mail and said it had sold the company too cheaply. The 2013 …
Read More »Cantor still selling Royal Mail on prospect of ‘nasty battle’ – ShareCast
Cantor still selling Royal Mail on prospect of 'nasty battle'ShareCastBroker Cantor Fitzgerald has maintained its 'sell' stance on Royal Mail Group (RMG), the day after UK postal regulator Ofcom confirmed it will investigate the company's proposals on access charges. "In our view," wrote analyst Robin Byde, "this is … More: …
Read More »Twitter and Royal Mail – and it's the posties that deliver | Nils Pratley
Yes, Silicon Valley floats normally fly, but if you want to talk attractive valuations snail mail comes in first Which communications company do you prefer? Company A has been around for 500 years, has an annual turnover of £9bn, makes profits of £400m and offers a dividend yield of 6% …
Read More »British watchdog to quiz Lazard over Royal Mail sale – The Star Online
British watchdog to quiz Lazard over Royal Mail saleThe Star OnlineBritish watchdog to quiz Lazard over Royal Mail sale. LONDON: A British parliamentary committee will question independent financial adviser Lazard this month regarding its role in the sale of Royal Mail, a committee spokeswoman said on Thursday. Lazard … More: continued …
Read More »Runaway Royal Mail van narrowly misses Lincoln glass-panelled house – BBC News
BBC News Runaway Royal Mail van narrowly misses Lincoln glass-panelled houseBBC NewsA runaway Royal Mail van has narrowly missed hitting a glass-panelled house in Lincoln after it rolled unaccompanied down a steep hill in the city's cultural quarter. The van was being used for a delivery in Michaelgate when it …
Read More »UPDATE 1-UK watchdog to quiz Lazard over Royal Mail sale – Reuters
Yahoo!7 News UPDATE 1-UK watchdog to quiz Lazard over Royal Mail saleReutersThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound ($3.4 billion)listing of Royal Mail and said it had sold the company …
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