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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Barratt Developments Plc (BDEV.L) – H1 pretax profit rose 113.4% to £46.1m. Group revenues of £951.1m (2011: £952.8m) and completions of 5,085 units (2011: 5,117 units) Order book of more than £1.1bn. We expect a further significant improvement in profitability in this financial year. Closing Price 235.50p (Reuters)
Petrofac Ltd (PFC.L) – FY net profit $632m vs. $540m last year. Total dividend up 17% to $0.64 per share. FY revenue up 9% to $6.3bn Expect to deliver good growth in net profit in 2013, strategy underpins achievement of 2015 earnings target Closing Price 1597.00p (Reuters)
Centrica (CNA.L) – 5% rise in full-year earnings, EPS for the year to end Dec. rose to 27.1p, compared with earnings of 27.4 pence per share according to a Thomson Reuters I/B/E/S poll of 21 analysts. Closing Price 349.10p (Reuters)
Weir Group PLC (WEIR.L) – FY pre-tax profits up 12% to £443m. FY dividend increased by 15% to 38.0p. Closing Price 2164.00p (Reuters)
ITV Plc (ITV.L) – To pay a special dividend of 4p in addition to full year dividend of 2.6p after posting a 13% rise in 2012 earnings. Closing Price 120.20p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Whitbread | WTB.L | -3.67% | -1.37% | -4.88% |
| CRH | CRH.L | 0.99% | 2.39% | -2.67% |
| GKN | GKN.L | 3.57% | 5.11% | -5.03% |
| Mwana Africa | MWA.L | 0.43% | 0.43% | 0.43% |
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