International Distributions Services Share News (IDS)

Royal Mail fined £5.6m by Ofcom for missing delivery targets

(Sharecast News) - Ofcom has fined Royal Mail £5.6m for missing postal delivery targets in the last financial year "by a significant and unexplained margin".

LONDON MARKET OPEN: Upbeat start to quieter week; Phoenix rises

(Alliance News) - Stock prices in London opened higher on Monday, as investors keep a keen eye on US government funding and upcoming inflation data.

LONDON BRIEFING: BAE backs upgraded guidance; Royal Mail fined

(Alliance News) - Stocks in London are called higher on Monday, as investors look ahead to the latest US inflation print.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Panmure likes abrdn; Kepler cuts Britvic

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

LONDON BROKER RATINGS: Jefferies cuts Derwent, British Land, GPE

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

LONDON BROKER RATINGS: Jefferies likes Energean; JPMorgan raises IDS

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON MARKET OPEN: Stocks make little headway ahead of Fed meeting

(Alliance News) - Stock prices in London were subdued at Monday's open, as investors exercised caution ahead of several central bank meetings this week.

LONDON BRIEFING: Phoenix Group hails "impressive" first-half

(Alliance News) - Stocks in London are called lower on Monday, as investors focus on the week's upcoming central bank decisions.

IN BRIEF: Royal Mail-owner IDS to buy back EUR136 million in notes

International Distributions Services PLC - owner of Royal Mail - Receives tenders from holders to sell back EUR135.5 million in debt notes and will accept all of them. At the start of September, IDS announced a tender offer for its EUR500.0 million in 2.375% guaranteed notes due 2024. IDS will buy back the notes at 98.65% of face value, plus accrued interest. It will have EUR364.5 million of the notes issue still outstanding.

Ofcom to review Royal Mail's universal service obligations

(Sharecast News) - UK communications regulator Ofcom announced plans to review the nation's universal postal service on Tuesday, as a result of the changing needs and habits of postal users.

IN BRIEF: Royal Mail owner IDS launches tender for notes due 2024

International Distributions Services PLC - owner of Royal Mail - Announces tender offer for EUR500.0 million 2.375% guaranteed notes due 2024. The purpose for the tender offer is to optimise the company's capital structure and debt profile and its subsidiaries.

LONDON BROKER RATINGS: Deutsche Bank cuts Hargreaves Lansdown to sell

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BRIEFING: Stocks to open lower; Vodafone quarterly revenue dips

(Alliance News) - Stocks in London are set to open lower on Monday, ahead of a busy week focused on key interest rate decisions from the three major central banks.

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: