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
TUI (TUI) - Summer bookings ahead of last year, despite the heatwave. Maintaining +10% earnings guidance, backed by early 2018 summer bookings. Q3 EBITDA -7.4% at €205.1m. TUI typically makes most of its money in Q4, but had already made a profit after the first nine months of the year for the second time in a row. Closing price 1584.10p (Reuters)
Randgold Resources (RRS) - Q2 gold production -8.2% YoY (+9% QoQ), sales -2.5%, profit -43%, avg gold price +3.5%, cash costs +14.8%, FY production/cost guidance on track even after Tongon mine halt. Closing price 5494.00p (Bloomberg)
Legal & General (LGEN) – H1 operating profit from divisions +7% (5 out of 6 businesses growing), operating profit -8%, pre-tax profit -19%, Net profit -19%, div +7%, Confident in H2 momentum. Closing price 266.30p (Sigma Squawk)
Hill & Smith (HILS) – Company’s share price declined over 25% yesterday after core earnings dropped -12% on project delays. Closing price 1134.00p (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
| Stock | Code | Close | High | Low |
| BELLWAY | BWY | -0.1% | 0.3% | -4.5% |
| HILL & SMITH | HILS | 1.5% | 11.3% | -2.0% |
| SMITHS GROUP | SMIN | 0.0% | 0.6% | -2.0% |
| ANGLO AMERICAN | AAL | 0.1% | 1.9% | -1.0% |
| ANTOFAGASTA | ANTO | 0.3% | 1.1% | -0.7% |
| BHP BILLITON | BLT | -0.1% | 1.5% | -0.9% |
| GLENCORE | GLEN | 0.7% | 0.3% | -3.5% |
| RIO TINTO | RIO | -1.4% | 1.3% | -0.6% |
| VEDANTA RESOURCES | VED | 0.1% | 0.3% | -0.6% |
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Prepared by Michael van Dulken, Head of Research