Royal Mail float helps deliver Hargreaves lift February 5, 2014 FUND platform Hargreaves Lansdown yesterday said strong demand from retail investors for shares in Royal Mail helped deliver a rise in revenues and new business. The company, which operates as an online investment supermarket where DIY investors can buy funds, said revenues rose 13 per cent year on year for six months ending December to [...]
Royal Mail reshuffles the pack after operations chief departs January 13, 2014 ROYAL MAIL yesterday ended a chapter of its transition to a listed company, after the director credited with overhauling its key delivery operations announced his resignation from the company. Mark Higson, managing director for operations and modernisation, will leave the business in July after six years at the postal services firm. His replacement, director of [...]
Royal Mail hit by broker note January 7, 2014 CANTOR Fitzgerald looks set to be left off Royal Mail’s Christmas card list this year after slapping a sell rating on the postal service’s shares. Cantor analyst Robin Byde said that “following its spectacular post-IPO performance, [Royal Mail]’s valuation and dividend yield are no longer compelling”. While he said the firm was doing well with [...]