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
International Consolidated Airlines (IAG) – The British Airways parent has released a mixed bag of results. While revenues of €22.97b were bang in-line, the 14.5c dividend beats 12.5c estimates and adjusted EBIT €3.1b beat €3.05bn estimates, adjusted EPS of €1.02 look light of €1.06 estimates. Announces new €500m buyback as expected.
Pearson (PSON) – The publisher has slashed its dividend to 12p from 34p previously (-65%), although delivers profits at the upper end of expectations.
Royal Bank of Scotland (RBS) – The UK bank has posted its first annual profit in nine years, despite a small Q4 loss. 2017 total income £13.1B beats £12.96b estimates, while Q4 £3.1B in-line. Net interest margin are a shade lower and legacy issues remain with another £760m litigation in Q4, however costs are down 10%.
Standard Life Aberdeen (SLA) – Fresh from the £109bn withdrawal of Lloyds’ Scottish Widows business, the asset manager has announced it is selling its insurance business to Phoenix for £3.2bn (£2.8bn + 20% stake).
(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 |
ANGLO AMERICAN | AAL | 0.2% | 0.5% | -5.4% |
BAE SYSTEMS | BA/ | -2.7% | 1.0% | -4.7% |
BARCLAYS | BARC | 4.4% | 6.4% | 2.8% |
BRITISH AMERICAN TOBACCO | BATS | -2.1% | -2.1% | -5.8% |
CENTRICA | CNA | 7.5% | 8.5% | 1.4% |
RSA INSURANCE GROUP | RSA | 3.2% | 3.9% | 0.2% |
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