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
Lonmin (LMI.L) – Workers at the South African operations of the platinum producer have gone on a wildcat strike, a spokesman for the National Union of Mineworkers said. All operations are down at Lonmin. Closing Price 286.00p (Reuters).
Betfair (BET.L) – Confirms takeover discussions with CVC Capital Partners have been terminated. Closing Price 895.00p (Reuters)
Severn Trent (SVT.L) – Confirmed on Tuesday it had received a takeover approach from a consortium including Borealis Infrastructure and the Kuwait Investment Office. The group said the approach was at a very early stage and that no proposal had been made. The consortium are willing to offer between 2200p and 2300p a share. Closing Price 1825.00p (Reuters)
ICAP (IAP.L) – Pre-tax profit £284m down 20%. Group revenues down 12% to £1.47bn. Full-year dividend 22p p/sh. Closing Price 297.40p (Reuters)
Enterprise Inns (ETI.L) – H1 EBITDA before exceptional items £153m (H1 2012: £168m) L-for-L net income in total estate down 4.2% (H1 2012: 1.6% down) Profit before tax and exceptional items £55m (H1 2012: £64 million) Total net debt reduced to £2.5bn by the year end. Closing Price 99.85p (Reuters)
Babcock International Group (BAB.L) – final dividend 20p p/sh. Total dividend up 16% to 26.3p p/sh. FY revenue rose 6% to £3.24bn. 2013 revenue £3,243.5m up 6% on 2012. Profit before tax £317.8m up 16% on 2012. Closing Price 1089.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Lonmin | LMI.L | 2.58% | 7.96% | 1.87% |
| Lloyds | LLOY.L | -1.44% | 0.03% | -2.83% |
| Glencore Xstrata | GLEN.L | 0.41% | 1.90% | -1.34% |
| Premier Oil | PMO.L | 0.19% | 0.66% | -0.91% |
| Burberry | BRBY.L | 0.07% | 0.50% | -0.57% |
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