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
City of London will be hosting its annual Wealth Management awards next month.
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Aviva (AV.L) – Cuts total 2012 dividend to 19p from 26p p/s. Underlying operating profit of £1.776bn v £1.857bn. After tax loss of £3.050bn, reflecting £3.3bn writedown on US disposal. Economic capital surplus of £7.1bn vs. £3.6bn. Directors to get no bonuses for 2012 or pay rises for 2013. Closing Price 359.00p (Reuters)
Schroders (SDR.L) – Profit before tax £360.0m (2011: £407.3m). Full-year dividend 43p p/s (2011: 39p. Net inflows £9.4bn (2011: £3.2bn). EPS 104.7p (2011: 115.9p). Closing Price 2036.00p (Reuters)
Standard Life (SL.L) – To pay special dividend of 12.8p p/s. 2012 operating profit £900m vs £853m consensus. Regular dividend up 6.5% to 14.7p. Closing Price 374.20p (Reuters)
Inmarsat (ISA.L) – Posted a 20% fall in full-year pre-tax profit after revenues dried up from the ill-fated Light Squared plan to create a new mobile network in North America. Closing Price 665.50p (Reuters)
Aggreko (AGGK.L) – Board is recommending an increase in the dividend of 15%. Revenues up 23% and trading profit up 41%. Expectations for the year as a whole remain unchanged from previous guidance. Closing Price 1758.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Melrose | MRON.L | 2.76% | 7.28% | 2.57% |
| Admiral Group | ADM.L | 5.29% | 6.55% | 3.14% |
| Legal & General Group | LGEN.L | 2.03% | 6.70% | -0.12% |
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