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
Travis Perkins (TPK.L) – FY adjusted pretax profit up 12.4% to £321m, FY EPS up 14.3% to 103.6p, revenue now over £5bn with annual growth of 6.3%, final dividend up 24% to 21p, FY dividend 31p, expects capital expenditure to increase by £130-150m in 2014. Closing Price 1963.00p (Bloomberg)
ITV (ITV.L) – Revenue £2.39bn vs. £2.36bn expected. EPS 11.2p vs. 11p expected. Adjusted pretax profit at £581m. Sees double digit growth in online pay interactive in 2014, announces special dividend of 4p. FY dividend 3.5p. Closing Price 206.10p (Bloomberg)
Taylor Wimpey (TW..L) – Operating profit up 39.1%, pretax profit up 47.6%, order book rose 31.4% by value, FY revenue up 13.7%, FY EPS 8.3p vs. 7p expected. Closing Price 127.90p (Bloomberg)
Petrofac (PFC.L) – FY profit of $650m up 3% ahead of forecasts and repeated a cautious outlook for the year ahead, expecting little or no growth. The company repeated that despite the weak forecast for 2014, it expected to return to strong growth in 2015. Closing Price 1367.00p (Reuters)
Weir Group (WEIR.L) FY revenue £2.43bn vs. £2.47bn expected, pretax profit £418m vs. £440m, expects to return to underlying growth in 2014. Closing Price 2352.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Ashmore | ASHM.L | -6.53% | -5.29% | -9.47% |
GKN | GKN.L | -1.01% | -0.27% | -5.97% |
Persimmon | PSN.L | -0.54% | 2.52% | -1.70% |
Ladbrokes | LAD.L | 2.38% | 4.64% | -1.99% |
St James’s Place | STJ.L | 5.10% | 6.99% | 1.12% |
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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