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
Sky PLC (SKY.L) – Walt Disney Co. wins a U.S. antitrust approval for its $71bn purchase of 21st Century Fox Inc.’s entertainment assets, raising hurdles for a potential rival bid from Comcast Corp. Fox last week accepted a sweetened bid from Disney, which has upped its offer following Comcast’s competing $65bn offer. Closing price 1448.00p (Bloomberg)
Greene King PLC (GKN.L) – Said it’s LFL sales climbed 2.2% over the last eight weeks, supported by the good weather and sporting fixtures. £45-50m cost inflation is expected with £30-35m in a cost saving plan focusing on like for like growth. Closing price 636.40p (Dow Jones Newswires)
Tullow Oil PLC (TLW.L) – Said their debt could be reduced to $3bn by the year end if the oil price strengthens further. However, its Jubilee Field in Ghana is to shut down later this year for maximum 5 days. Closing price 249.90p (Reuters)
BP PLC (BP.L) – Said it has agreed to buy Chargemaster PLC, the U.K.'s largest electric-vehicle charging company, for an undisclosed sum. Chargemaster--which operates, designs, builds and sells electric vehicle charging units--will be rebranded as BP Chargemaster. Closing price 582.00p (Dow Jones Newswire)
Stagecoach Group PLC (SGC.L) – Saw its fiscal 2018 pretax profit increased five-fold on year, generating a pretax profit of £95.3m against £17.9m for the year ended April 29, 2017. Closing price 133.30p (Dow Jones Newswires)
(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
| Stock | Code | Close | High | Low |
| IWG | IWG | -2.8% | -1.6% | -7.1% |
| BP | BP/ | 3.4% | 3.9% | 0.7% |
| ROYAL DUTCH SHELL B | RDSB | 2.8% | 3.3% | 0.4% |
| TULLOW OIL | TLW | 8.1% | 8.1% | 0.6% |
| WHITBREAD | WTB | 1.7% | 2.4% | -2.2% |
| BUNZL | BNZL | -1.3% | 0.2% | -3.1% |
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Prepared by Michael van Dulken, Head of Research