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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
3i Group Plc (III.L) – Said its full-year total return rose 93% amid gains in its private equity and infrastructure investments. Total return jumped to £1.59bn in the year ended March 31. That compares to £824m year on year. Closing price 840.50p (Bloomberg)
Burberry Group PLC (BRBY.L) - Reported a 21% underlying drop in FY pretax profit to £462m, although beats the £460m analysts were expecting. Despite benefiting from a 10% gain in FX rates, it has been dragged down by weak wholesale demand in the US. Closing price 1641.00p (Reuters)
Experian (EXPN.L) - Total dividend up 4% to 0.415 $ p/sh. FY revenue $4.335bn vs. $4.237bn year ago. FY profit before tax $1.07bn vs. $966m year ago. Anticipates another year of good growth, within target mid-single-digit organic revenue growth range. Closing Price 1694p (Reuters)
Hargreaves Lansdown (HL.L) – Mike Evans will step down as chairman when a successor has been identified. They have also posted a 10% rise in assets in the four months to the end of April, buoyed by new fund and product launches and improved investor sentiment. Closing Price 1347.00p (Reuters)
Land Securities (LAND.L) - Warned that Brexit had created business uncertainty in the London office market, leading to falls in demand, rental values and construction commitments. Reported a 1.2% fall in FY adjusted diluted net asset value. Closing price 1117.00p (Reuters)
Royal Mail Plc (RMG.L) – Sees revenue rise 6% year on year, with pre-tax profit up 25% at £335m and full year dividend up 4%. The company is responding to a challenging operating environment and continuing to focus on sustainable cash generation. Closing price 430.80p (Reuters)
Thomas Cook (TCG.L) - Posted a 3% rise in H1 revenue to £3bn, roughly in-line with analyst estimates, which the company said reflected strong winter demand across most of its markets ahead of its key summer season. Closing price 94.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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