This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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
AstraZeneca PLC (AZN.L) – Reported earnings for Q4 that beat the highest analyst estimate by 23 coming in at $1.30 and a 5% beat on revenue expectations, though It was accused of failing to pay royalties to a sector peer of $8.5bn to Merk & Co. Closing price 4800.80p (Bloomberg)
IWG PLC (IWG.L) – Plunged 14% yesterday after a Brookfield Asset Management Inc. and Onex Corp. dropped their pursuit of the serviced-office company. IWG said it remains confident about the business’s prospects and believes it has an “exciting future as an independent company. Closing price 228.40p (Bloomberg)
BT Group PLC (BT.A) - Reported adjusted pretax profit for Q3 rising 25% to £818m, broadly meeting market expectations. It was also confident of meeting its full year outcome. Closing price 256.40p (Bloomberg / Reuters)
Provident Financial (PFG.L) – has appointed acting CEO Malcolm Le May as permanent CEO with immediate effect. Closing price 669.00p (Reuters)
Cobham PLC (COB.L) – Has agreed the sale of its Avcomm and Wireless test business for $455m as part of its recovery plan. Closing price 124.50p (Reuters)
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
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