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Movers & Shakers - 20 May 2014

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

Marks & Spencer (MKS.L) – Posted a 3.9% fall in annual profit, a third straight decline, with three years of heavy investment yet to revive its underperforming non-food business. Pretax profit and one-off items of £623m (600-630m expected) £665.2m last year. Closing Price 451.00p (Reuters)

Vodafone (VOD.L) – Core earnings would fall in 2015 due to the investment needed in the business as it reported 2014 results in line with forecasts, helped by an improvement in underlying trading in the fourth quarter. Closing Price 217.15p (Reuters)

 

 

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
AstraZeneca AZN.L -11.11% -0.01% -15.04%
Babcock BAB.L -0.84% 2.88% -1.43%
Barratt Developments BDEV.L -0.38% 1.18% -2.38%
Taylor Wimpey TW.L 1.91% 2.48% -1.43%
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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