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
AstraZeneca (AZN.L) – Sales fell 13%. Patent expiries sent revenue from key medicines skidding lower, underscoring the turnaround challenge facing Britain’s second biggest drug maker. Closing Price 3390.00p (Reuters)
Kazakhmys (KAZ.L) – First-quarter copper output rose almost 12% year-on-year, thanks to milder weather, allowing the Kazakh miner to confirm it was on track to hit its 2013 production target. Closing Price 359.00p (Reuters)
Unilever (ULVR.L) – Reported underlying sales growth of 4.9% in the first quarter, undershooting market estimates, as unusually cold spring weather in Europe hit ice-cream sales. Closing Price 2845.00p (Reuters)
Admiral Group (ADML.L) – Year-on-year UK car insurance market premiums are down around 10%. Group turnover decreased 6% to £551mn (Q1 2012: £586mn). Closing Price 1349.00p (Reuters)
Croda International (CRDA.L) – Reported a 6.5% jump in first-quarter profit helped by lower interest costs and improved margins. Closing Price 2589.00p (Reuters)
Vodafone (VOD.L) – Verizon Communications Inc (VZ.N) has hired advisers to prepare a possible $100bn cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group, two people familiar with the matter told Reuters on Wednesday. Closing Price 193.20p (Reuters)
Taylor Wimpey PLC (TW.L) – Sales at the upper end of firm’s expectations. Average private net reservation rate of 0.67 sales per outlet per week for the year to date. Closing Price 94.05p (Reuters)
Ladbrokes (LAD.L) – Warned investors it expected annual operating profit to fall this year after a poor performance from horse racing and online gaming in the first quarter. Closing Price 192.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Lloyds | LLOY.L | 1.70% | 2.06% | -1.08% |
| Barclays | BARC.L | -1.30% | 5.93% | -2.30% |
| Reed Elsevier | REL.L | 0.00% | 0.26% | -0.58% |
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