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
John Wood Group (WG.L) – Continues to deliver good growth and is confident of achieving 2013 performance in line with expectations. 2014 outlook unchanged. Engineering unit is performing well and is expected to deliver EBITA growth of c.10 – 15% in 2013. Closing Price 793.00p (Reuters)
Carpetright (CPR.L) – Likely the group’s full year profit will be significantly below our previous expectations. Warning due to softer UK market and a further step down in The Netherlands. UK l-f-l sales (note 2) down 2.5% in 10 weeks to Sept 29. L-f-L sales in the rest of Europe decreased by 7.6%. CEO Darren Shapland will step down from his role with immediate effect. Closing Price 673.50p (Reuters)
Tate & Lyle (TATE.L) – Q2 Performance was broadly in line with our expectations. Adjusted operating profit for H1 expected to be slightly lower. Largely driven by softness in the US beverage sector. Within bulk ingredients, operating profit is expected to be somewhat lower. Closing Price 739.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Easyjet | EZJ.L | -0.46% | 2.13% | -1.52% |
BP | BP.L | 1.12% | 2.05% | 0.66% |
Gemfields | GEM.L | -0.16% | 0.65% | -1.82% |
Ted Baker | TED.L | -3.59% | 2.50% | -3.59% |
William Hill | WMH.L | 0.41% | 0.95% | -3.04% |
Carillion | CLLN.L | -1.65% | 1.30% | -2.19% |
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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