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.
We hope your experience with Accendo Markets over the past 12 months warrants a vote in the following category; “BEST EXECUTION ONLY CFD PROVIDER”
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Premier Foods PLC (PFD.L) – Revenue from continuing operations £1.76bn. Underlying business trading profit up 10.6% to £123.4m. Net debt reduced to £950.7m. £20m of overhead cost savings are expected to be delivered in 2013. Closing Price 89.75p (Reuters)
Ladbrokes (LAD.L) –8% rise in operating profit to £206m, ahead of analyst forecasts for £204m. The company has struggled with digital technology but said it expected its new sports betting and mobile platforms to be rolled out in the first two quarters of 2013. Closing Price 231.00p (Reuters)
Sports Direct (SPD.L) – Posted a 23% profit rise in its Christmas quarter and said it was certain of hitting its full-year target. Closing Price 416.00p (Reuters)
BAE Systems (BAES.L) – Posted a 6 % fall in 2012 profit on Thursday, weighed down by continued uncertainty over cuts to the U.S. military budget and unresolved discussions with Saudi Arabia over the pricing of a key contract. Closing Price 332.20p (Reuters)
Kingfisher (KGF.L) – Said it would meet year profit forecasts even though underlying sales declines worsened in its fourth quarter. Closing Price 278.30p (Reuters)
Tullow Oil PLC (TLW.L) – Successful completion of the flow tests at twiga south-1 in Kenya Rate has the potential to flow at around 5,200 bopd Ondyek-1 exploration well did not encounter hydrocarbons and has been plugged and abandoned. Closing Price 1244.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Rexam | REX.L | 5.31% | 6.36% | 0.76% |
| BHP Billiton | BLT.L | -2.35% | -0.72% | -3.13% |
| Galliford Try | GFRD.L | 0.78% | 3.51% | -0.50% |
| Travis Perkins | TPK.L | -2.83% | -0.99% | -4.05% |
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