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
Taylor Wimpey (TW.L) – Interim dividend up 49% to 0.22p p/sh. Group operating margin increased to 13.1%. UK operating profit margin increased to 13.5%. Profit before tax and exceptional items £109m. H1 revenue £1,007.1m. Order book stands at a record 7,378 homes and is valued at £1.3bn. Closing Price 106.20p (Reuters)
Invensys (ISYS.L) has agreed to a friendly bid from France’s Schneider Electric (SCHN.PA) that values the British engineer at £3.4bn. Schneider is offering 502p a share, representing a 14% premium to Invensys’ closing price of 440p on July 11, before talks between the two companies became public. Closing Price 490.80p (Reuters)
Antofagasta (ANTO.L) – Beat expectations with a smaller than expected quarter-on-quarter dip in copper production. Said it was on track to meet its full-year copper output target of some 700,000 tonnes, broadly in line with 2012 levels. Closing price 875p (Reuters)
Vedanta Resources (VED.L) – Reported a 23% decline in core earnings and revenue for the first quarter. EBITDA fell to $1.03bn for the quarter ended June 30 from $1.34bn a year earlier. Total revenue fell 23% to $2.87bn. Closing price 1176p (Reuters)
Tullow Oil (TLW.L) – Major exploration success continues in Kenya with Etuko-1 discovery Kenya basin volumes exceed threshold for development Core business performing well with production up 14%, revenue up 15% and cash flow up 16% 31 July 2013. Closing Price 1027.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| GKN | GKN.L | 6.54% | 8.35% | 2.26% |
| BP | BP.L | -3.41% | -1.58% | -5.15% |
| Barclays | BARC.L | -5.74% | -3.35% | -8.23% |
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