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
DS Smith PLC (SMDS.L) – Interim dividend 3.2p p/sh. Profit before tax £85m up 52%. Revenue of £2,081.0m vs. £1,671.8m last year. Continue to expect further good progress over the remainder of the year. Closing Price 299.00p (Reuters)
EasyJet (EZJ.L) – The budget airline said that its passenger numbers were up 3.4% in November. Closing price 1407.00p (Reuters)
Royal Bank of Scotland (RBS.L) – Along with rating agency Standard & Poor’s, have been sued by a group of European institutional investors for damages of up to $250m suffered on complex financial products in the lead up to the global financial crisis. Closing price 331.10p (Reuters)
Centrica (CNA.L) – Plans for a £2bn wind farm off the coast of Norfolk has been snubbed by ministers, who rejected a request for it to qualify as one of the first wave of new energy projects. Closing price 331.30p (Telegraph)
TalkTalk (TALK.L) – The chatter on Wednesday was that the London-based broadband provider’s days of independence were numbered with Vodafone (VOD.L) mentioned among possible suitors for the company, according to various newspaper market reports. Closing prices 269.80p and 224.90p respectively (Reuters)
Merck KGaA (MRCG.DE) – had agreed to buy AZ Electronic Materials (AZEM.L), a maker of specialty chemicals used to make Apple’s iPad, for about £1.57m. Shareholders in AZ will receive 403.5p in cash for each share, a premium of about 53% on Wednesday’s closing price. Closing Price 262.90p (Reuters)
Mulberry (MUL.L) – Posted a 28% fall in H1 profit. Pretax profit was £7.2m, down from £10m a year ago. H1 revenue, over 80% of which currently comes from Europe, grew 2% to £78.1m, with retail revenue up 6% and wholesale sales down 5%. Closing Price 1025.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| IGas Energy | IGAS.L | -2.78% | 0.46% | -3.47% |
| Tesco | TSCO.L | -0.28% | 3.04% | -1.93% |
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