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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
Man Group (EMG.L) - Reported net inflows of $3bn in Q1 as investors allocated capital to its long- only strategies and fund of funds. Sales of $8bn more than offset $5bn in redemptions. Assets under management rose 10% to $88.7bn from $80.9bn at the end of December. The company's shares have risen 22% this year. Closing price 144.40p (Bloomberg)
Rio-Tinto (RIO.L) - Said Q1 iron production from Australia fell 3% from the same period a year ago due to wet weather at its mines, but kept its full-year guidance intact despite weakening ore prices. Closing price 3030.50p (Reuters)
Sky (SKYB.L) – The company, who accepted a buyout offer from Rupert Murdoch's Twenty-First Century Fox, said the number of customers deserting the service in its key home market had remained steady in Q3 after rising in January, now reiterating its targets for the full year. Operating profit for 9 months has exceeded £1bn. Closing price 982.00p (Reuters)
Unilever (ULVR.L) – Sees its Q1 sales growth beats analysts’ estimates of 1.9%, coming in at 2.9%, with total revenue of €13.3bn slightly ahead of the €13.2bn expected by analysts. The company believes it’s on track to deliver sales growth in the 3-5% range. Closing price 3937.50p (Bloomberg / Reuters)
For more information on any of these individual news items, call into the trading floor
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