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
Vodafone 3Q Group organic service revenues +0.1% beats -0.7% est (Q3 reported growth -3.9%); Europe -1.1% (reported -2%), RoW +4.9% (reported -7.2%). Impacted Qatar sale and FX. Similar performance to Q2; Guidance unch: underlying org. adj. EBITDA +3%; FCF (pre-spectrum) €5.4bn.
UK CMA rules Rentokil Initial must sell several large supply contracts to satisfy competition concerns, following its merger with Cannon Hygiene.
Indivior granted temporary restraining order preventing Alvogen from launching generic Suboxone sublingual film product. Order valid until preliminary injunction hearing on 7 Feb.
Rio Tinto could be sensitive to reports that Pilbara Ports Authority in Australia was clearing Port of Dampier, the world’s largest iron-ore export terminal, in preparation for tropical cyclone Riley.
Fuller, Smith & Turner agreed to sell its entire beer, cider and soft drinks business to Asahi Europe for £250m on a debt free, cash free basis, deal expected to close in H1’19. £55-69m in net cash proceeds to be distributed to shareholders. Disposal not expect to impact dividends. Reports strong 42-week trading, like-for-like Pubs/Hotels sales +4.7% YoY, total beer/cider volumes flat.
(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 |
| Anglo American | -0.5% | 0.1% | -1.4% |
| KAZ Minerals | -0.8% | 0.6% | -1.8% |
| Fevertree Drinks | 13.5% | 15.6% | 5.4% |
| St James’s Place | 2.2% | 3.3% | 1.0% |
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Prepared by Michael van Dulken, Head of Research