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
Royal Mail (RMG.L) – Operator almost doubled its operating profit in the first half of the year. Operating profit after transformation costs had jumped to £283m. That figure 96.5% ahead of the £144m posted a year ago, helped also by a one-off VAT credit of £35m and lower than expected transformation costs in the half. The group said it intended to propose a final dividend of £133m for the FY. Closing Price 533.94p (Reuters)
Telford Homes (TEF.L) – H1 profit before tax increased to £7.7m up from £6.5m in 2012. Board is very confident of the prospects and growth potential over the next few years. Closing Price 375.00p (Reuters)
United Utilities (UU.L) – Underlying operating profit up £29m to £343m, benefiting from tight cost control. Interim dividend of 12.01p per share, in line with policy. On track to invest at least £800m this year in there network. Closing Price 659.59p (Reuters)
Compass Group (CPG.L) – Launched a £500m share buyback on Wednesday, its third in as many years. Reported underlying pre-tax profit up 9% to £1.2bn in 2013. Revenue in 2013 rose 4.3% to £17.6bn. Compass also increased its dividend by 12.7% on a year earlier to 24p. Closing Price 930.21p (Reuters)
Amec (AMEC.L) – Is eyeing a takeover of U.S.-listed engineering company Foster Wheeler AG (FWLT.O) in a potential deal that could create a £5bn energy services group, The Times reported on Wednesday. Closing Price 1170.00p (Reuters)
Punch Taverns (PUB.L) – Q1 L-f-L net income in the core estate up 1.4%. Expectations remain unchanged. Core estate to return to FY L-f-L net income growth of up to1% for the current financial year. To announce restructuring proposal in December 2013 with formal launch of implementation shortly thereafter. Closing Price 11.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Severn Trent | SVT.L | -1.34% | 1.34% | -2.80% |
| Britvic | BVIC.L | 2.80% | 5.68% | 2.73% |
| Mitchells & Butlers | MAB.L | 3.50% | 8.70% | 1.02% |
| De La Rue | DLAR.L | 9.44% | 11.83% | 0.24% |
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