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
Tesco (TSCO.L) - Like-for-like sales fell 4.4% in the first half of the year and pre-tax profit slumped to £112m, down more than 90% on the same period in the previous year. Second-quarter underlying domestic sales fell sharply, down 5.5%. The investigation launched by Deloitte has found that its profits in the first half of the year were overstated by £263m - More than the £250m which it initially estimated. Closing Price 183.00p (Reuters)
Anglo American (AAL.L) - Posted a strong increase in third quarter iron ore production and increased its iron output target for the year. Its copper production fell, hit by declining grades at its Chilean mines. Closing price 1356.5p. (Reuters)
Lloyds (LLOY.L) – Will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter have stated. Closing Price 75.83p (Reuters)
Inchcape (INCH.L) – Reported an 11% rise in third quarter sales at constant currency thanks to strong demand for both used and new cars. Closing Price 634.50p (Reuters).
Foxtons (FOXT.L) - Warns sales slowdown will hit earnings. Performance in Q3 was negatively impacted by a sharp and recent slowing of volumes in London property sales markets. Q3 revenue £39.9m versus £41.1m a year ago. Expects full year 2014 adjusted earnings to be below prior year figure of £49.6m. Closing Price 205.30p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| BHP Billiton | BLT.L | -1.48% | 0.53% | -1.89% |
| British American Tobacco | BAT.L | -5.34% | 3.93% | -8.57% |
| Croda International | CRDA.L | -2.64% | -2.64% | -4.72% |
| Home Retail | HOME.L | 2.33% | 2.51% | -6.44% |
| SuperGroup | SGP.L | -5.25% | -1.85% | -5.98% |
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