FT 03/10/18 | Vox Markets

FT 03/10/18

Royal Mail (RMG) staff face losses of £2,500 on shares. Group’s stock loses two-fifths of its value since hitting a high of 632p in May

SCS Group (SCS) beats Brexit blues with ‘pleasing’ trading. UK sofa and flooring retailer delivers full-year results ahead of market expectations

Serica Energy (SQZ) North Sea deal under threat. Planned acquisitions from BP and Total face collapse over Iranian stake

Lex – Royal Mail (RMG): parcel drop. The 502-year-old beast is struggling to adapt to a new environment

Standard Chartered (STAN) faces potential new $1.5bn Iran fine. Amount sought by US regulators over alleged sanctions breaches may yet be reduced

Royal Mail (RMG) shares plummet 24% in 2 days. Warning of missed targets on cost savings and productivity rattles investors

culls House of Fraser senior management. Mike Ashley’s group gives no details on who will lead ailing department store chain

Royal Dutch Shell ‘B’ (RDSB) gives go-ahead to Canada LNG project. Decision comes as Trump’s stance on Beijing increases uncertainty over US cargoes

US demand lifts Ferguson (FERG) despite tough UK markets. Plumbing and heating supplier posts strong sales in North America but UK business stalls

Revolution Bars Group (RBG) blames weather for poor sales that spill into 2019

twitter_share

Mentioned in this post

FERG
Ferguson
RBG
Revolution Bars Group
RDSB
Royal Dutch Shell \'B\'
RMG
Royal Mail
SCS
SCS Group
SQZ
Serica Energy
STAN
Standard Chartered