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
easyJet (EZJ) – The low-cost airline carrier has announced strong financial figures for Q1, with total revenues +14.4%; passengers +8%; revenue per seat +6.6%; capacity +5.5%, load factor +2.1pts to 92.1%; costs -1.6%. The strong figures come as a results of struggles at European rivals.
Marston’s (MARS) – The pub chain has announced that both 16-week sales and earnings rose over the previous quarter, however snow hit like-for-like sales which will equate to a £1m hit to profits.
Sky (SKY) – The UK’s competition authority has ruled that the Fox takeover of Sky is not in the public interest due to concerns about media plurality. The CMA has, however, suggested three remedies in order to clear the path for a takeover.
WPP (WPP) – The world’s largest advertising agency has received two broker downgrades this morning, with both Credit Suisse and Goldman Sachs moving recommendations to ‘Hold’ from ‘Buy’.
(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 |
| BARCLAYS | BARC | 4.3% | 4.3% | 0.5% |
| DIXONS CARPHONE | DC/ | 6.8% | 7.5% | -0.2% |
| NMC HEALTH | NMC | 2.4% | 3.9% | 0.1% |
| OCADO GROUP | OCDO | 27.5% | 30.3% | 4.1% |
| WILLIAM HILL | WMH | -11.0% | -10.0% | -14.6% |
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