International Distributions Services Share News (IDS)

TOP NEWS: Royal Mail owner calls for "urgent" reform as loss balloons

(Alliance News) - International Distributions Services PLC on Thursday reported a widened interim loss as revenue at UK letter deliverer Royal Mail declined and costs increased.

London close: Stocks firmer ahead of key inflation readings

(Sharecast News) - London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.

Royal Mail fined GBP5.6 million by Ofcom for missing delivery targets

(Alliance News) - International Distributions Services PLC's Royal Mail arm has been fined by the UK communications regulator for not meeting its targets for mail delivery.

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.