Adjusted fiscal 2017 second quarter net earnings attributable to Walgreens Boots Alliance1 increased 3.7 percent to $1.5 billion, up 6.2 percent on a constant currency basis, compared with the same quarter a year ago. Adjusted diluted net earnings per share for the quarter increased 3.8 percent to $1.36, up 6.1 percent on a constant currency basis, compared with the same quarter a year ago. Sales in the second quarter were $29.4 billion, a decrease of 2.4 percent from the year-ago quarter, and an increase of 0.9 percent on a constant currency basis. Excluding the impact of the leap year in 2016, sales increased 2.2 percent on a constant currency basis. click Read More below for additional detail
The vast majority (97.1%) of around 110,000 voters backed a strike from a 76% turnout of CWU members, representing both one of the largest ‘Yes’ votes and turnouts for many years.
Hundreds of CWU reps waved union flags and cheered as the result was announced after a national reps’ briefing in London yesterday (15 October).
For legal reasons, CWU’s Parcelforce members were balloted separately in two separate ballots, one on the controversial TUPE proposals – Royal Mail wants to split Parcelforce off into a separate company with the workforce TUPE’d across, and the other on the rest of the issues in dispute, including job security and terms and conditions of employment. Both of these also returned large ‘Yes’ votes – of 94.7% and 95% respectively.
Strikes at Royal Mail were averted last year after the postal service agreed to increase pay, reform pensions and reduce weekly working hours from 39 to 35 by 2022, subject to productivity improvements.
CWU said the agreement is not being honoured by the company’s new leadership but Royal Mail has said it is abiding by the agreement and has awarded two pay rises since last year.
much more at: https://www.printweek.com/print-week/news/1168999/royal-mail-workers-vote-for-strike-action?utm_content=&utm_campaign=161019_Sponsored_Content_NEW&utm_source=PrintWeek&utm_medium=adestra_email&utm_term=http%3A%2F%2Fwww.printweek.com%2Fprint-week%2Fnews%2F1168999%2Froyal-mail-workers-vote-for-strike-action