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International Distributions Services (IDS) Share News

Royal Mail owner fails to publish financial results; eyes takeover bid

23rd May 2024 11:51

(Alliance News) - The owner of Royal Mail has failed to publish its annual trading update, scheduled for early Thursday morning, as the group heads towards a potential overseas takeover. Read More

UK earnings, trading statements calendar - next 7 days

16th May 2024 15:45

LONDON MARKET CLOSE: Confident trade as US inflation rate cools

15th May 2024 16:59

(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon. Read More

TOP NEWS: IDS shares up after considers improved offer proposal by EP

15th May 2024 15:06

(Alliance News) - International Distributions Services PLC said it is minded to recommend a "fair" revised non-binding proposal for a potential takeover offer from EP Corporate Group AS. Read More

IDS urges Ofcom to accelerate review of Royal Mail reform proposals

30th Apr 2024 10:03

(Alliance News) - International Distributions Services PLC on Tuesday outlined a modernisation programme for the Royal Mail, via reform of the postal firm's universal service obligations. Read More

IDS highlights progress as it reiterates opposition to possible bid

22nd Apr 2024 12:04

(Alliance News) - Royal Mail-owner International Distributions Services PLC on Monday urged UK industry regulator Ofcom to quickly push through changes to mandated postal services as it stood its ground against a possible bid approach. Read More

LONDON BROKER RATINGS: HSBC likes Haleon, cuts Flutter to 'hold'

18th Apr 2024 09:43

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

UPDATE: Royal Mail owner IDS shuns "opportunistic" bid from Kretinsky

17th Apr 2024 18:10

(Alliance News) - International Distributions Services PLC, the owner of Royal Mail, on Wednesday confirmed it had rejected an "opportunistic" offer from EP Corporate Group AS. Read More

LONDON MARKET CLOSE: FTSE 100 shrugs off UK inflation, hawkish US Fed

17th Apr 2024 16:57

(Alliance News) - Stock prices in London closed largely up on Wednesday, despite hotter-than-expected UK inflation data and more hawkish words from the US Federal Reserve. Read More

LONDON MARKET MIDDAY: Stocks rediscover poise after UK inflation data

17th Apr 2024 12:05

(Alliance News) - Stock prices in London were higher on Wednesday, shaking off a hotter-than-expected UK consumer price index reading, and a warning from Federal Reserve Chair Jerome Powell on the fight to contain inflation in the US. Read More

TOP NEWS: Daniel Kretinsky’s EP Group makes unsuccessful bid for IDS

17th Apr 2024 11:59

(Alliance News) - EP Corporate Group AS on Wednesday said International Distributions Services PLC, the owner of Royal Mail, had rejected a bid proposal. Read More

LONDON MARKET CLOSE: FTSE 100 up thanks to US economic data

3rd Apr 2024 16:54

(Alliance News) - Stock prices in London closed mostly higher on Wednesday, after some data from the US reinforced the interest rate cut trajectory across the Atlantic. Read More

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

3rd Apr 2024 12:00

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with continued robust data showing the resilience of the US economy. Read More

IDS arm Royal Mail eyes scaling back letter deliveries to save costs

3rd Apr 2024 10:09

(Alliance News) - International Distributions Services PLC unit Royal Mail on Wednesday proposed a change to its UK letter delivery offering, as it grapples with weaker volumes, in a move which could see "fewer than 1,000 voluntary redundancies". Read More

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