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
Unilever (ULVR) – H1 underlying sales +2.5% (vs 3% in 2017), profits -2.3%; Emerging market sales +4.1%, Operating margin +80bp; reiterates +3-5% sales guidance. Closing price 4210.50p (Bloomberg)
Anglo American (AAL) – CEO said Anglo had delivered another strong performance. Copper and Coal production +6%. Raised Platinum production guidance to 2.4-2.45m ounces and iron ore production also increased 2%. Closing price 1688.40p (Dow Jones Newswires)
Babcock (BAB) – Lowered FY revenue guidance due to temporary slowdown in defense / marine work. Now expects to see low single digit underlying revenue growth, compared with a previous forecast of “low mid-single digit” growth. Closing price 804.00p (Reuters)
SSE (SSE) – Utility providers expects £80m/4.4% hit to FY adj. op. profit. Q1 weather impacted renewables production (Hydro & Wind 20% and 15% lower than planned), Gas consumption 10% lower than planned, Electricity Transmission & Distribution hit by high gas prices, lower output and lower consumption. Closing price 1386.50p (Dow Jones Newswire)
Sports Direct (SPD) – FY revenue -1.8% at £ 3.36bn, missing consensus of £3.42bn, core earnings up 12% and up 3% on earnings before tax. The board decided not to pay a Dividend for 2018. Closing price 434.20p (Bloomberg)
Tullow Oil (TLW) – Lost a dispute with partner Kosmos Energy for a cancelled rig contract in Ghana and now must cover almost $65 million in costs. Closing price 219.00p (Reuters)
(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 |
| BHP BILLITON | BLT | 2.7% | 3.2% | 1.6% |
| UNILEVER | ULVR | 0.6% | 1.6% | 0.3% |
| EASYJET | EZJ | 2.1% | 5.1% | 0.2% |
| RYANAIR | RYA | -1.3% | 2.3% | -1.4% |
| GVC | GVC | -0.4% | 1.2% | -3.6% |
| SMITHS | SMIN | -7.0% | -5.2% | -9.4% |
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Prepared by Michael van Dulken, Head of Research