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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
SKY PLC (SKY.L) - Rupert Murdoch finds out today whether his £11.7bn bid to buy the rest of Sky Plc is likely to go ahead. 21st Century Fox, which owns 39% of Sky, had a failed attempt six years ago sunk by a phone-hacking scandal. U.K. Culture Secretary Karen Bradley is expected to tell Parliament at about 10:30a.m. Closing price 956.50p (Bloomberg)
Purple Bricks (PURP.L) – Reported full year adjusted earnings at a better-than-expected loss of £4.5m against an expected loss of £6.55m. Closing price 399.00p (Bloomberg)
Wood Group PLC (WG.L) – Says it experienced a weaker than anticipated H1 and that the company is cautious on 2017 outlook. Impact of tougher pricing environment in 2016 will result in reduction in its H1 margin. The take-over of Amec Foster Wheeler is expected to complete in Q4. it also won a multi-million Dollar contract with Husky Energy in eastern Canada. Closing price 660.50p (Bloomberg)
CMC Markets (CMCX.L), London Capital Group (LCG.L) - FCA has decided to delay final conduct rules for UK firms providing CFDs to retail clients, pending outcome of ESMA's discussions. This follows announcement made today by European securities and markets authority (ESMA) on its consideration of product intervention measures. Closing Prices 146p, 560p, 3.5p respectively (Reuters)
For more information on any of these individual news items, call into the trading floor
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