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
Unilever is in discussions to acquire GlaxoSmithKline’s India-focused nutrition business, Horlicks, with the deal valued as high as $3bn, beating the rival bid from Swiss competitor Nestlé.
UK’s CMA says the merger of credit score firms could hurt competition, hurting chances for Experian’s takeover of ClearScore.
RPC Group H1 like-for-like revenue +7% YoY, adj. pre-tax profit -2%, free cash flow +2%, dividend +4%. Increase in polymer prices resulted in a £10.2m profit headwind (up from £2.7m a year ago). H1 trading encouraging and company continues to target organic growth ahead of GDP.
Telford Homes H1 revenue +30.4% YoY, pre-tax profit +15.7%. Secured £40m out of £50m FY profit target, though Brexit uncertainty makes it challenging to accurately predict forward sales rates.
(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 |
| BHP | BHP | -1.4% | 0.3% | -2.2% |
| THOMAS COOK | TCG | -18.3% | -14.0% | -29.0% |
| GREGGS | GRG | 12.1% | 17.7% | 5.3% |
| FAROE PETROLEUM | FPM | 24.8% | 26.9% | 23.2% |
| PENNON | PNN | 1.3% | 3.8% | 0.5% |
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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