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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
Barclays Q4 net operating income in-line at £4.43B, pre-tax profit £374m misses £566m consensus, but in-line after £140m GMP pension equalisation charge and £60m litigation. Makes £150m charge for Brexit uncertainty; CET1 ratio 13.2% beats 12.9% est. Final div 4p, +100%. Board intends to supplement dividends with additional cash returns, including buybacks.
JustEat will face more competition from UberEats which the FT reports will cut UK delivery fees to 30% (from 35%) and launch a marketplace to allow restaurants use the app but deliver directly.
Standard Chartered makes $900m provision for US/UK regulatory fines over Iran sanctions breach.
Anglo American cuts final dividend -5.5% (FY: -2%) after free cash flow -36% and capex +31%. FY revenue +5%, net profit +12% (beat expectations), underlying EBITDA +4% (in-line). Notes FY’19 headwinds in diamond trading.
BAE Systems FY sales flat, underlying EBITA -2.3%, op. cash flow -43%, net debt +20%, final dividend +1.5% (FY: +1.5%). Order intake +39.6%, backlog +25%. 2019 underlying earnings per share expected to grow by mid-single digit.
Centrica sells US Clockwork Home Services portfolio for $300M. Reports FY revenues +6%, gross margin +5%, adj operating profit +12%, EPS just below guidance. div flat. Targets £250m savings in 2019 and additional £500m beyond. Net debt to rise £400m-1bn.
KAZ Minerals FY revenue +30%, EBITDA +26%, both in-line, free cash flow +29.4%, net debt -3.4%, beating consensus; dividend flat at 6c. Says copper fundamentals remain strong and supportive of plan to double copper production.
(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 | Close | High | Low |
| Lloyds Banking | 4.7% | 5.9% | 0.7% |
| Sainsbury’s | -18.6% | -11.7% | -18.5% |
| Glencore | 2.5% | 3.1% | -1.4% |
| INTU Properties | -7.8% | -6.1% | -12.5% |
| Indivior | 0.5% | 2.8% | -3.1% |
| Hochschild Mining | 1.7% | 2.6% | -1.7% |
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Prepared by Michael van Dulken, Head of Research