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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
Rio Tinto (RIO.L) – Sam Walsh to retire as CEO, to be replaced by Jean-Sebastien Jacques, the head of the Anglo-Australia miner's copper and coal division. Closing price 1929.5p. (Reuters)
Glencore (GLEN.L) - Said on Thursday it has put its coal trains in Australia up for sale, hoping to fetch as much as A$1.5bn ($1.1bn) as it taps into a hot market for infrastructure to cut debt. Closing price 144.3p. (Reuters)
BP (BP.L), Royal Dutch Shell (RDSA/B), Cairn Energy (CNE.L) - British finance minister George Osborne will cut taxes by £1bn over five years for energy companies pumping oil from the country's North Sea fields, in a boost for an industry suffering low crude prices. Closing prices 350.1p, 1703p/1711p, 204.5p. (Reuters)
Kier Group (KIE.L) - Group remains on course to deliver expectations for full year. Interim dividend up 12%to 21.5p per share. Revenue of £2.1bn up 32%. Underlying operating profit of £57.1m, up 27%. Closing price 1300p. (Reuters)
For more information on any of these individual news items, call into the trading floor
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