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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
Crest Nicholson (CRST.L) - Recorded a 5% rise in the number of homes built in the 12 months to the end of October, its underlying sales rate per outlet per week fell, cancellations increased due to the EU vote, uncertainties and the higher selling price of its homes, but that it remained on track for full-year revenue of £1bn. Closing price 459.60p (Reuters)
EasyJet (EZJ.L) – Full-year pretax profit beating analysts’ estimates, generating £495m against estimates of £494m with an increase in its dividend payment against expectations and revenue also exceeding expectations producing £4.76bn against £4.63bn. Closing price 1032.00p (Bloomberg)
Meggitt (MGGT.L) – Announced the appointment of new CEO Tony Wood on 1st December. Its Q3 revenue was up 6% in line with expectations. The group expects to achieve low single digit revenue growth for year, consistent with previous guidance. Closing price 445.20p (Bloomberg)
Premier Food (PFD.L) - H1 Group underlying sales down 1.8%. Q2 Grocery underlying sales down 9.5% due to warmer weather. Net debt £556m at H1 £29m lower than prior year H1. Profit and Net debt expectations for the year unchanged. Closing Price: 45.2p (Reuters)
TalkTalk Telecom Group PLC (TALK.L) – Saw its H1 sales fall, but beat expectations with £902m generated against £901.5m expected, lower versus £912m previously. It expects year end debt to be significantly lower y-o-y. Closing price 201.10p (Bloomberg)
Vodafone (VOD.L) – Generates Q2 organic service revenue growth of 2.4% against an estimated 1.9%, however narrows guidance range for 2016-2017 organic growth in range of 3%-6%, implying €15.7bn-€16.1b; previously saw €15.7bn-€16.2bn. Closing price 204.60p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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