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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
Royal Bank of Scotland Group (RBS.L) - Is preparing to cut more than 15,000 jobs, around £1bn of annual operating costs by eliminating jobs and branch closures as it seeks to bolster profitability and profit targets, said a person with knowledge of the plans. Senior executives believe RBS has more staff than it requires. An RBS spokeswoman, who declined to comment on the plans, said of the Times story: “We do not recognize this report.” Closing price 228.90p (Bloomberg)
Barratt Developments (BDEV.L), Bovis (BVS.L), Persimmon (PSN.L), Taylor Wimpey (TW.L) - The average price of a U.K. home hit a new record in January, continuing an upward trend that’s in part being driven by a supply-demand imbalance. The 0.3% increase in values lifted the average to £300,169 Acadata and LSL said in a report. Annual growth was 3.1%, and prices are now double what they were in 2002. Closing prices 508.50p, 857.00p, 1976.00p, 174.00p (Bloomberg)
Rolls-Royce (RR.L) - Plan to release crewless ships by 2020. Tugboats and ferries are to be developed first, ahead of cargo vessels, Sky News reports. Closing price 732.50p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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