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 (SKY) - Comcast has extended its 1475p/share offer for Sky until 6 Oct having received acceptances from just 0.29% of Sky shareholders. Closing price: 1,545p (Source: Company newswires)
Morisson Supermarkers (MRW) - H1 revenues in-line; Q2 +6.3% (9-year high). Interim div +11.4%, special interim div 2p (vs 4p in Q2). Will hit £700m annualised wholesales supply sales target before year-end. Closing price: 265.8p (Source: Company newswires)
Legal & General (LGEN) - completed £4.4bn buy-in with British Airways' pension scheme for nearly 22K pensioners, the largest UK bulk annuity transaction to date. Closing price: 250.9p (Source: Company newswires)
Sports Direct (SPD) - Says it does not intend to make an offer for Debenhams. Closing price: 352.7p (Source: Company newswires)
Burberry (BRBY), Next (NXT), JD Sports Fashion (JD), Ted Baker (TED) – John Lewis issues a profit warning, saying it saw a 99% decline in profit in H1 had fallen £1.2m citing uncertainty facing consumers and the economy, in part due to ongoing Brexit negotiations, saying forecasting is particularly difficult but we continue to expect full year profits to be substantially lower than last year for the partnership as a whole. Closing prices 2130.10p, 5479.00p, 522.50p, 2205.00p (Reuters / BBC News)
(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 |
| SSE | SSE | -9.0% | -7.1% | -10.6% |
| BP | BP/ | 2.7% | 3.0% | 1.2% |
| ROYAL DUTCH SHELL B | RDSB | 2.3% | 2.6% | 1.2% |
| GALLIFORD TRY | GFRD | 11.2% | 11.6% | 1.5% |
| SPORTS DIRECT INTERNATIONAL | SPD | -2.0% | -1.2% | -5.1% |
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Prepared by Michael van Dulken, Head of Research