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Movers & Shakers - 22 November 2017

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

GlaxoSmithKline (GSK) – The drugmaker has announced its Juluca treatment, the first two-drug maintenance regimen for virologically suppressed HIV-1, has been approved in the US.

Sage Group (SGE) –  The business software producer expects acceleration in organic revenue growth in FY18, but suggests that there could be a 50bp decline in organic operating margin. Despite this, the company has increased its dividend.

Thomas Cook Group (TCG) – The holiday operator has announced both revenues and profits jump, remaining confident in FY results meeting consensus despite UK and Spanish markets remaining challenging, the latter dampening margins 1.9%. 

United Utilities (UU.) – The utility provider announces that its HY financial performance was in-line with expectations, as the company continues to work towards its 2020-25 price review.

 

(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
BABCOCK INTL  BAB -6.8% 3.4% -7.3%
EASYJET  EZJ 5.1% 7.5% 1.7%
KINGFISHER  KGF 1.3% 1.4% -1.8%
WPP  WPP 0.1% 1.0% -0.6%
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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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