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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
BP (BP.L), Royal Dutch Shell (RDSb.L), Tullow Oil (TLW.L), Cairn Energy (CNE.L) - Crude futures rose on Monday after gaining over 15% last week, with some indicators pointing to the possibility the market could be bottoming out. Closing prices 349.55p, 1635.00p, 163.60p, 163.40p, (Reuters)
Bunzl Plc (BNZL) – Reports Fy revenue rose 5% to £6.49bn, dividend increased 7% to 38pp share with continued growth expected for 2016. Closing price 1935.00p (Reuters)
Tesco’s (TSCO) – Has played down a newspaper report from The Guardian on Saturday that it was considering cutting 39,000 store staff over the next three years via a leaked document called ‘Project Pace’, saying it had no current plans to lay off more employees. an extract of which was posted on the website verylittlehelps.com, a forum used by Tesco staff. Closing price 184.15p (Reuters)
Hiscox Ltd (HSX) - Reported a 6.5% fall in full-year pretax profit, as falling insurance rates offset gains from a benign natural catastrophe year. It would return 32pp share to shareholders, including a special dividend of 16pp share. Closing price 1061.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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