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
Marks & Spencer is in talks with Ocado for a tie-up that could see M&S buying distribution centres and delivery vans from the online retailer & logistics tech developer.
Vodafone to commence new share buy-back (799m shares at 180p) to reduce share capital to offset increase from Feb maturing of second tranche of convertible bond.
Rolls-Royce is seeking £200m government funds for small nuclear power projects after the collapse of plans to build bigger reactors.
Paragon Banking Q1 New business lending +40.6% o/w But to Let +23.9%, Asset Finance +55.7%, Development Finance +450%, Motor +24.6%, Total Commercial +105%; Deposits 5.7%; Retail growth offers funding efficiencies. Backs guidance; staying disciplined on capital, liquidity, risk.
Flybe confirms receipt of letter from shareholder Hosking Partners (19 stake) seeking EGM to oust Chairman in response to 1p/share distressed sale of the airline to Stobart/Virgin-led consortium.
(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
| Shares | Close | High | Low |
| Vodafone | -4.9% | 1.4% | -5.8% |
| Rentokil Initial | -0.1% | 0.4% | -1.3% |
| Indivior | -2.4% | 2.5% | -3.5% |
| Rio Tinto | 3.0% | 3.4% | 0.3% |
| Fuller, Smith & Turner | 15.5% | 25.4% | 13.3% |
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Prepared by Michael van Dulken, Head of Research