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
ARM Holdings (ARM.L) - Apple Inc forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market showed signs of weakening. The update could impact European chipmakers such as ARM Holdings Plc. Closing price 1015p. (Reuters)
Royal Bank Of Scotland (RBS.L) – See’s Q4 profits impacted by litigation to £1.5bn, A Q4 2015 goodwill impairment charge of £498m imposed in respect of its private banking business. An additional £500m provision has been recognised following publication of financial conduct authority's PPI complaints. Closing price 260.90p (Reuters)
Rio Tinto (RIO.L) - Has agreed to sell one of its last remaining coal mines in Australia to a group owned by Indonesia's third-richest man, Anthoni Salim, continuing an exit from coal as it battles a sharp slump in prices. Closing price 1688.5p. (Reuters)
Aberdeen Asset Management (ADN.L) – Sees further outflows of capital. Assets under management £290.6bn in three months to end-December, against £283.7bn at end-September. However, due to market volatility, net outflows of £9.bn against £12.7bn in prior quarter, expecting market conditions to remain tough and further flows. Closing price 232.80p (Reuters)
Taylor Wimpey (TW.L), Barratt Developments (BDEV.L), Bovis Homes (BVS.L), Persimmon (PSN.L) - British house prices rose at a slower month-on-month pace than expected in January, according to Nationwide speaking on Wednesday. Closing prices 184.30p, 580.00, 899.50, 1954.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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