|Bid||450.00 x 10300|
|Ask||0.00 x 162400|
|Day's range||462.40 - 470.40|
|52-week range||367.80 - 632.60|
|PE ratio (TTM)||18.09|
|Forward dividend & yield||0.24 (4.93%)|
|1y target est||501.13|
Royal Mail (LSE: RMG.L - news) shareholders have voted against the company's remuneration report, following disagreement over the newly appointed chief executive's pay. The directors' pay plan, or remuneration report (DRR), was rejected by 70% of proxy shareholders who voted at the company's annual general meeting. Investor (LSE: 0NC5.L - news) advisory firms ISS (LSE: 0QRS.L - news) and Glass Lewis had both suggested shareholders vote against the remuneration report, partly because newly-appointed chief executive Rico Back is set to receive an annual salary of £640,000.
The post and parcels company said about 70.17 percent votes cast by shareholders at the annual meeting were against the resolution on the director's remuneration report. Shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis had recommended that shareholders vote against the pay packages.
Royal Mail Plc (LSE: RMG.L - news) 's shareholders rejected a pay package for its senior executives on Thursday. The post and parcels company said about 70.17 percent votes cast by shareholders at the annual meeting were against the resolution on the director's remuneration report. Shareholder advisory firms Institutional Shareholder Services (ISS (LSE: 0QRS.L - news) ) and Glass Lewis had recommended that shareholders vote against the pay packages.
A weaker pound helped Britain's top share index march higher on Wednesday as company earnings took centre stage with Smiths Group suffering. The blue-chip FTSE 100 (.FTSE) index climbed 0.7 percent, in line with a broader rally among European stocks as the second quarter earnings season steps into gear. Shares in easyJet (EZJ.L) were among the top gainers, up 2.1 percent, after the budget airline upgraded its full-year guidance and said that profit could jump by as much as 45 percent in 2018.
A weaker pound helped Britain's top share index march higher on Wednesday as company earnings took centre stage with Smiths Group suffering. The blue-chip FTSE 100 index climbed 0.7 percent, in line with ...
The UK's top share index marched higher on Wednesday, helped by a weaker pound as company earnings took centre stage with some notable share price moves for easyJet and Smiths Group. The blue chip FTSE 100 index was up 0.5 percent at 7,662.83 points at 0855 GMT, in line with a broader rally among European stocks as the second quarter earnings season steps into gear.
** Royal Mail -6.2 pct, second biggest loser on FTSE 100 ** Co on Tuesday reiterates expectations for the drop in letter volumes to come in at the higher end of its previously announced 4-6 pct range for ...
Britain's top share index climbed on Tuesday as encouraging results flowed in from companies including Royal Mail and TalkTalk, though uncertainty over Brexit capped gains. The FTSE 100 (.FTSE) ended the session up 0.3 percent at 7,626.44 points, in line with European benchmarks which were boosted by U.S. Fed Chair Jerome Powell's upbeat assessment of the U.S. economy in his testimony. Royal Mail Group (RMG.L) rose 1.8 percent, paring back some earlier gains, after its results showed better than expected parcel growth.
Britain's top share index climbed on Tuesday as encouraging results flowed in from companies including Royal Mail and TalkTalk, though uncertainty over Brexit capped gains. The FTSE 100 ended the session ...
The market likes the latest update from Royal Mail plc (LON:RMG), but Paul Summers thinks there's a far better FTSE 100 (INDEXFTSE: UKX) option for buy-and-hold investors.
The law came into effect on May 25 and imposed new requirements on how companies collect personal information in the European Union, posing a challenge to businesses that use promotional mailers to push sales. Royal Mail had already warned in May that the new law, General Data Protection Regulation (GDPR), may reduce marketing mails. The decline in letter volumes was just about offset by a 7 percent increase in parcel volumes that helped lift total revenue by 2 percent.
Nordic telecommunications operator Telia Company said that it will acquire Danish operator TDC’s Norwegian business in a deal worth 21 billion Norwegian kroner ($2.59 billion). The deal includes TDC’s GET business--a provider of fixed and TV services--and its B2B business, which Telia hopes will strengthen its presence in the Norwegian market and position the company as a strong challenger in mobile, TV and broadband.
The City grandee who narrowly survived a bid to oust him as chairman of Stobart Group is lining up a succession plan that will see him step down within months. Sky News has learnt that Iain Ferguson, the former boss of Tate & Lyle (LSE: TATE.L - news) , has discussed with boardroom colleagues a proposal to recruit a new chairman before next year's annual meeting. A formal timetable has yet to be agreed but a source close to Stobart said this weekend that directors "acknowledged the need to look at the composition of the board".
Adam Crozier, the former chief executive of ITV (Frankfurt: A0BLQP - news) and Royal Mail Group, has been named the next chairman of Asos (LSE: ASC.L - news) , the British online fashion retailer. Sky News reported on Monday how he had been identified by AIM-listed Asos's board as the leading candidate to replace Brian McBride, its chairman since 2012, who will step down in November.
Adam Crozier, the former chief executive of ITV (Frankfurt: A0BLQP - news) and Royal Mail Group, is being lined up as the next chairman of Asos (LSE: ASC.L - news) , the British online fashion sensation. Sky News has learnt that Mr Crozier has been identified by AIM-listed Asos's board as the leading candidate to replace Brian McBride, its chairman since 2012.
A former Foreign Office minister will this week be named as the first independent chairman of Camelot, the National Lottery operator, since it changed ownership nearly a decade ago. Sky News has learnt that Sir Hugh Robertson, who also served as the Sport and Olympics Minister during the London 2012 Games, is to be unveiled in the role on Thursday. Sir Hugh's appointment will come after a difficult period for Camelot, with declining ticket sales triggering a comprehensive review of the company's strategy last year.
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley on Renault: "too cheap to sell here; no catalyst to buy". The broker ups co to "equal-weight" ...
Royston Wild looks at a cluster of FTSE 100 (INDEXFTSE: UKX) stocks with better investment prospects than Royal Dutch Shell plc (LON: RDSB).
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Royal Mail plc (LON:RMG), with a market cap of UK£5.02b, often getRead More...
Vue Entertainment, the UK's biggest cinema chain, is to delay plans for a blockbuster stock market debut as one of its Canadian shareholders prepares to auction a big stake in the company. Sky News has learnt that Alberta Investment Management Corporation (AIMCo) will begin talks in the coming weeks with prospective buyers of its 37% shareholding in Vue. The decision to offload its stake, which will generate proceeds of several hundred million pounds, will mean that an initial public offering (IPO) of Vue is likely to be pushed back until at least the first half of next year, according to insiders.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Over the past 4 years, Royal Mail plcRead More...
British regional newspaper publisher Johnston Press Plc (LSE: JPR.L - news) said European changes to data privacy rules were hitting its online advertising revenue, hammering its shares and threatening the one area of reliable growth for the industry. Johnston Press, which owns more than 200 local and regional newspapers including The Scotsman and The Yorkshire Post, said trading had been "extremely challenging" in the first five months of the year, with revenue down 9 percent. It has been reviewing its finances and is in talks with bondholders to refinance 220 million pounds in bonds due on June 1, 2019.