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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
TalkTalk (TALK.L) – Q3 total revenue up 5.1% to £436M, Q3 on-net revenue up by 9.6% year-on-year to £320M. 175,000 TV customers added in third quarter, taking base to 732,000. On track for FY14 guidance and medium-term targets of 4% revenue CAGR. Closing Price 310.3p (Reuters)
Ocado (OCDO.L) – Posted a wider loss for its 2012-13 financial year, but said it was well positioned for 2013-14. It made a pretax loss of £12.5M in the year to Dec. 1, compared with a loss of £0.6M in the 2011-12 year. EBITDA rose 32.8% to £45.8M on gross retail sales up 15.2% to £84M. Ocado co-founder Jason Gissing to leave company in May. Closing Price 523.5p (Reuters)
Trinity Mirror (TNI.L) – 2013 adjusted profit would beat market forecasts after better than expected trade in November and December, but added it would also take some hefty impairment charges. Closing Price 175.5p (Reuters)
BG Group (BG.L) Q4 earnings of $1.14bn, in line with analyst forecasts. Earnings figure was up 11% on the previous year. Last week BG warning that its 2013 earnings would be hit by a $2.4bn post-tax impairment charge linked to turmoil in Egypt and that its production this year would be as much as 11% lower than analysts were expecting. It also cut a 2015 production forecast by as much as 14%. Closing Price 1025p (Reuters)
BP (BP.L) 37% drop in Q4 profit due to a weaker performance in both its production and refining businesses and said it would increase the accounting provision for the 2010 oil spill by $200m. Underlying replacement cost profit of $2.8bn down from $3.9bn in the same period a year ago, beating a consensus forecast of $2.7bn. BP also said the provision to cover the costs of the Gulf of Mexico spill had risen to $42.7bn from $42.5 billion last year. Closing Price 473.60p (Reuters)
ARM Holdings (ARM.L) Met earnings expectations in Q4, Posted a 19% rise in pretax profit to £95.5m, Revenue up 15% at £189.1m, broadly in line with expectations. “Despite slower growth in one end-market we expect full year 2014 processor royalty revenues to grow at a similar rate to that reported over the last three years,” the company said. Closing Price 930p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Randgold Resources | RRS.L | 6.25% | 6.75% | -0.55% |
Ryanair | RYA.L | 6.81% | 8.32% | 3.01% |
Lloyds | LLOY.L | -3.97% | -1.56% | -4.38% |
Rexam | REX.L | 1.42% | 2.33% | -0.41% |
BHP Billiton | BLT.L | -1.17% | 1.09% | -1.56% |
Rio Tinto | RIO.L | -0.76% | 1.65% | -1.11% |
Anglo American | AAL.L | -2.72% | 1.22% | -2.82% |
Antofagasta | ANTO.L | -0.29% | 1.65% | -0.82% |
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