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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
Royal Dutch Shell in early talks to take over Endeavor Energy Resources for c. $8bn, according to Bloomberg report.
Wood Group wins $66m Sellafield 10yr control system framework (system design, manufacture, assembly, obsolescence management, maintenance support, decommissioning).
Randgold Resources recommends interim div of $2.69 (3.1%).
Anglo American’s De Beers sells $540m of diamonds in 10th 2018 sales cycle (+18.6% YoY, +22.1% cycle-on-cycle), in-line with expectations.
InterContinental Hotels hires Goldman Sachs for this week’s $500m special dividend ($2.621 per share) and 19-for-20 share consolidation.
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
ASOS | ASC | -37.4% | -31.1% | -43.0% |
JUST EAT | JE/ | -0.2% | 1.4% | -1.8% |
SSE | SSE | -3.9% | -1.3% | -3.9% |
BHP | BHP | 1.7% | 2.6% | 0.7% |
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Prepared by Michael van Dulken, Head of Research