International Distributions Services Share News (IDS)

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:

Royal Mail's owner reunites foreign, domestic ops under single CEO

July 20 (Reuters) - Royal Mail's parent group on Thursday named the head of its international parcels network as group CEO, reuniting its foreign and domestic operations under a single leader as it seeks to turn around its loss-making UK business.

International Distributions bemoans weak quarterly revenue; names CEO

(Alliance News) - International Distributions Services PLC on Thursday named Martin Seidenberg as its new chief executive officer, and separately said that Royal Mail revenue has fallen over the first quarter, as expected.

Royal Mail parent IDS posts uptick in Q1 revenues, appoints Seidenberg as CEO

(Sharecast News) - Royal Mail parent International Distribution Services said on Thursday that it was still targeting an adjusted operating profit for the year, as it announced the appointment of Martin Seidenberg as its new chief executive officer.

LONDON BRIEFING: Babcock profit hit by contract; new CEO at IDS

(Alliance News) - Stocks in London are expected to edge lower on Thursday, after Wednesday's outperformance following the cooler-than-expected UK inflation data.

Royal Mail wins contract for collection and delivery of passports

(Alliance News) - International Distributions Services PLC's Royal Mail has won a five-year contract for the collection and delivery of passports and supporting documents including UK Visas & Immigration travel documents.

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

LONDON BRIEFING: UK banks pass stress test; Wetherspoon trades well

(Alliance News) - Stocks in London are called higher on Wednesday, ahead of US inflation data.