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
GKN (GKN.L) – Posted a 34% rise in third quarter profit, boosted by a strong performance from its commercial aerospace and automotive units. Pre-tax profit of £131mn in the three months to the end of September on sales 16% higher at £1.86bn. Closing Price 362.50p (Reuters)
Petropavlovsk (POG.L) – Q3 output 204,400oz vs. 219,400oz of gold. Cuts production guidance for FY by 3% to 740-750koz after flooding at a mine. Closing Price 72.75p (Reuters)
Whitbread (WTB.L) – Underlying Pretax Profit £216.1m vs. £213m estimates. Rev £1.14bn up 12.4% and in line with expectations. Sales up 2.8%. Closing Price 3372.00p (Reuters)
ARM Holdings (ARM.L) – Q3 pre-tax profit £68.3m from revenue of £184m. Boasts 48 licences across 24 clients, 11 of which are ‘new business’ described as “robust opportunity pipeline”. Closing Price 1039.00p (Bloomberg).
Reckitt Benckiser (RB.L) – Posted 5% higher third-quarter total net revenue of £2.548bn. Like-for-like net revenue growth increased 3% at constant exchange. Closing Price 4500p (Reuters)
BHP Billiton (BLT.L) – Total production increased 11% in Q3 as it forecast 2014 Western Australia iron ore production rising by 5m tn to 212m tn. It said it would keep current annual production guidance for oil, copper and coal. Closing Price 1873.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Costain | COST.L | 2.20% | 2.55% | 0.18% |
Informa | INF.L | 2.12% | 3.78% | -0.37% |
G4S | GFS.L | 3.51% | 4.21% | 1.24% |
Royal Mail | RMG.L | -0.97% | 7.09% | -1.51% |
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