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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
Just Eat CEO Peter Plumb steps down immediately; expects FY revenues ~£780m (vs. £770m prev), narrows underlying EBITDA to £172-174m (from £165-185m); excl. Brazil & Mexico expects FY 2019 revenues £1-1.1bn, underlying EBITDA £185-205m suggesting further margin contraction.
William Hill FY adj. operating profit est. -15% YoY, in-line with guidance. Underlying op. profit, excluding US expansion and new online due diligence requirements, +4%. Good Online performance, but Retail profits lower on challenging UK high street. US business “broadly broke even”. Will remodel Retail in 2019 while building digitally-led international business.
Meggitt signs 10yr $750m extension of contract with Pratt & Whitney to supply advanced engine composites for F135 and F119. The FT reports Rolls-Royce in talks to supply CGN Chinese Nuclear Plant In Essex.
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
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Prepared by Michael van Dulken, Head of Research