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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
AO World (AO.L) – Group revenue expected to be c.£700m, up c.17% year-on-year. Existing adjusted EBITDA guidance range is tightened to between £-2.4m and £0m. Board continues to be cautious given uncertain UK economic outlook, currency impacts on supplier pricing and possible effect on consumer demand. Has today separately announced a placing of up to 9.99% of its share capital. Closing Price 137.90p (Reuters)
Carr's Group (CARR.L) – Says group's performance for current financial year is anticipated to be significantly below board's existing expectations. Closing Price 150.50p (Reuters)
Royal Dutch Shell (RDSb.L), BP PLC (BP.L), Tullow Oil (TLW.L), Premier Oil (PMO.L) - Oil prices edged up on Thursday, as production issues deepened with Libyan oil output falling to about 500,000 bpd due to the shutdown of pipelines from its biggest field, although bloated U.S. crude inventories curbed gains. With big falls in gasoline inventories, coming near the end of the refinery maintenance season, suggest crude oil inventories are on the cusp of declining". Closing prices 2228.00p, 461.20p, 220.00p, 61.50p (Bloomberg)
SSE (SSE.L) – “SSE expects that its dividend cover for 2017/18 will be within, but towards the bottom of, the expected range of around 1.2 times to around 1.4 times," SSE said in a statement. Closing Price 1488p (Reuters)
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