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
Royal Bank of Scotland (RBS) - Q2 operating expenses fell £117m, total income £3.4bn beats £3.2bn est, operating profit £613m beats est loss of £340m, a first dividend in nearly 10 years subject to finalizing DoJ settlement, divs to resume at 2p. It will consider special returns but unlikely until 2019. Closing price 249.80p (Reuters)
William Hill (WMH) – Saw a 3% rise in H1 revenue beating forecasts, however, a pretax loss of £802m versus a profit of £108m y-o-y. Non-cash charge of £915m. . It announced a major US expansion in the US with deals in Mississippi and West Virginia signing sports betting agreements with 11 casinos. Closing price 293.10p (Reuters)
Pets at Home (PETS) – Saw Q1 revenue rise +8.1% to £277.4m, and L-f-L sales climb +6.1%, retail L-f-L sales up +5.3%. Now no longer proceeding with two new stores for which the lease arrangements had been committed in total £1.6m to be absorbed within 1H underlying profit. Closing price 114.30p (Bloomberg)
Cobham (COB.L) – Despite a growing order intake, reiterate rating its full-year underlying profit forecast, the group warned its full recovery would still take time and risks and challenges remained. Profit guidance remains unchanged. Closing price 125.00p (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 |
| BARCLAYS | BARC | -2.7% | 3.0% | -3.4% |
| AVIVA | AV/ | -1.6% | 1.7% | -1.8% |
| ROLLS-ROYCE | RR/ | 7.1% | 7.9% | -2.2% |
| VEDANTA RESOURCES | VED | 0.2% | 0.4% | -0.1% |
| RSA INSURANCE | RSA | -1.9% | 0.2% | -1.9% |
| SAGE | SGE | 3.4% | 4.0% | -0.7% |
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Prepared by Michael van Dulken, Head of Research