This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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
Associated British Foods (ABF) – The major UK retailer has left outlook unchanged as Q3 group revenues improve 4% at constant FX, while revenues at flagship business Primark increased by 7% after a record Christmas period. Furthermore, margins held up as sales at Primark rose 9% YoY.
BHP Billiton (BLT) – Overnight, the base metals miner reported Q2 Iron Ore production improved 2.5% YoY, and in line with HY production last year, while HY Copper production increased 17% YoY. The company’s shares have traded flat in Australia overnight as it left FY guidance for volume growth of 6% unchanged.
Experian (EXPN) – The consumer credit ratings agency expects organic revenue growth in the mid-single digits, having maintained stable margins and further progress in Benchmark earnings per share.
Royal Mail (RMG) – The UK post service reports 9-month group revenues +3% (flat underlying) with parcel volumes +6% (revenues +4%), offsetting continued weak letter volumes (-5%; revenues -4%). The company also announced it is still negotiating with unions over planned disruptions.
Whitbread (WTB) – The owner of Premier Inn and Costa reports like-for-like revenues miss at the former (0.5% vs 1.5% est) but the latter not as weak as expected. The company remains on track for FY, however expects a tough UK high street environment and inflation to continue to pose challenges.
(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
| Stock | Code | Close | High | Low |
| BURBERRY GROUP | BRBY | -9.3% | -4.1% | -9.4% |
| INFORMA | INF | -5.7% | -3.5% | -10.4% |
| INTERSERVE | IRV | -0.4% | -0.4% | -15.5% |
| UBM | UBM | 12.0% | 16.2% | 8.9% |
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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