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Movers & Shakers - 16 November 2018

The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited

BT and Virgin Media fined by OFCOM (£6.3m and £7m respectively) for breaking consumer protection rules with excessive charges for those ending contracts early.

AstraZeneca says Phase 3 MYSTIC lung cancer drug trial (Imfinzi + tremelimumab combinations) failed to meet primary endpoints.

Kier Group happy with FY19 targets, albeit H2 weighted. Says H1 costs of transformation programme to exceed savings by £10m, but FY expected neutral. Sale of KHSA JV for £24m, to cut average net debt to £390m in H1 2019 (down from £410m in H2 2018).

(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)


 

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
BOVIS HOMES BVS -6.6% 0.5% -9.4%
ROYAL MAIL RMG -4.3% 4.4% -6.5%
ASTON MARTIN AML -5.9% 3.9% -7.5%
MEDICLINIC MDC -4.1% 0.1% -6.4%
TULLOW OIL TLW 0.6% 1.6% -1.9%
PREMIER OIL PMO -10.4% 1.9% -11.0%
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
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