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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
IAG (IAG.L) - Posted a 4% fall in quarterly profit and said it expected 2016 profit to rise by around 7%, lower than the low double digit percentage it forecast in July. The company said on Friday that its Q3 profit was hit by a negative currency impact of €162m due to the weaker pound. Closing Price 413.50p (Reuters)
Royal Bank of Scotland Group Plc (RBS.L) – Reported a loss in Q3, taking £894m in charges for restructuring and litigation. A net loss of £469m registered compared to a profit of £940m y-o-y. Pretax profit rose to £1.33bn, beating the £776m expected from analysts, but missing its target date for divesting its Williams & Glyn asset. Closing price 196.40p (Bloomberg)
Sainsburys (SBRY.L) Tesco (TSCO.L) Morrisons (MRW.L) Marks & Spencer (MKS.L) Next (NXT.L) - British consumers turned less optimistic this month as sterling's slump began to eat into their disposable income, according to two surveys which raises concern about the strength of future spending growth. Closing Prices 244.00p, 214.25, 226.40p, 340.10p,4806.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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