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2nd UPDATE: Royal Mail Revenues Up, But Parcel Revenue Growth Slows

24th Jan 2014 15:20

LONDON (Alliance News) - Royal Mail PLC Friday reported a 2% increase in like-for-like revenues for the first nine months of its financial year driven by growth in its parcels revenues, but parcel revenue growth actually slowed in the third quarter which contains Christmas. Like-for-like pa Read More

UPDATE: Royal Mail Revenues Up, But Parcel Revenue Growth Slows

24th Jan 2014 13:17

LONDON (Alliance News) - Royal Mail PLC Friday reported a 2% increase in like-for-like revenues for the first nine months of its financial year driven by growth in its parcels revenues, but parcel revenue growth actually slowed in the third quarter which contains Christmas. The recently pri Read More

UK MIDDAY BRIEFING: Bank Of England Now Focused On Productivity

24th Jan 2014 12:41

LONDON (Alliance News) - Bank of England Governor Mark Carney Friday signaled that rising productivity will now be the key factor that decides when the central bank will start to tighten monetary policy, and any tightening will be a slow, gradual process. In a speech at the World Ec Read More

TOP NEWS: Royal Mail Reports Higher Revenues But Lower Volumes

24th Jan 2014 11:04

LONDON (Alliance News) - The following is a summary of top news stories Friday. ---------- COMPANIES ---------- Royal Mail PLC reported a 2% increase in like-for-like revenues for the first half of the year, driven by further growth in its Read More

MARKET COMMENT: UK Stocks Slide As Investors Focus On BOE Policy

24th Jan 2014 10:48

LONDON (Alliance News) - UK stock indices are continuing to slide Friday, with the FTSE 100 headed for a fourth straight day in the red after suffering heavy losses Thursday amid continued concern about the US and Chinese economies. With very little of note in the economic calendar to chang Read More

UK MORNING BRIEFING: Shares Open Higher On Interest Rate Assurance

24th Jan 2014 08:15

LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates. Royal Mail has reported a 2% increase in like-for-like revenues for th Read More

MARKET COMMENT: UK Stocks Look Firm As Carney Backtracks On Forward Guidance

24th Jan 2014 07:42

LONDON (Alliance News) - UK stocks are set to open fractionally higher Friday, after falling sharply Thursday, as investors react to comments by Bank of England governor Mark Carney late Thursday on the UK's interest rate policy ahead of his speech in Davos later in the day. Global stocks f Read More

REPEAT: Royal Mail Like-For-Like Revenues Up 2%, But Parcel Volumes Flat

24th Jan 2014 07:34

LONDON (Alliance News) - Royal Mail PLC Friday reported a 2% increase in like-for-like revenues for the first half of the year, driven by further growth in its parcels revenues. However, the company said parcel volumes were flat for the period as its new size-based pricing meant some custom Read More

Royal Mail Like-For-Like Revenues Up 2%, But Parcel Volumes Flat

24th Jan 2014 07:33

LONDON (Alliance News) - Royal Mail PLC Friday reported a 2% increase in like-for-like revenues for the first half of the year, driven by further growth in its parcels revenues. However, the company said parcel volumes were flat for the period as its new size-based pricing meant some custom Read More

MARKET COMMENT: Global Stocks Plunge, Pound Makes 32-Month High

23rd Jan 2014 17:35

LONDON (Alliance News) - London's main stock indices closed sharply lower Thursday as global equity markets were hit by weak Chinese and US economic data. The weak US data also sent the dollar lower, meaning the pound hit a 32-month high against the currency. UK stock indices had o Read More

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