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
Randgold Resources (RRS.L) – Said it was well positioned to deliver three new projects in the next five years. It also reported profit for Q4 of $87.1m up 14% with a small beat on expectations on net income of $75.5m and declaring it would double annual dividend. Closing price 7030.00p (Bloomberg)
Ryanair (RYA.L) – Has launched a €750m share buyback reassuring shareholders that it will remain Europe’s biggest low- cost airline despite caving to unionization from pilots and staff costs increasing to €45m. The CEO stated they will not bow to ‘Laughable’ demands. Closing price 16.16c (Bloomberg)
Wizz Air (WIZZ.L) – Has forecast adjusted net for the full year of €265m to €280m, with Q3 revenue at €422.9m and a pretax profit of €14.6m. The civil aviation authority will probe airlines seating policies. Closing price 3433.00p (Bloomberg)
Tesco PLC (TSCO.L) - Has forecast operating profit of £1.575b for year to Feb. 24, 2018 relating to merger with Booker bearing average forecasts and an intention to pay 2pp share dividend. Matt Davie to leave in April and to be replaced by Booker CEO Charles Wilson. Closing pric3e 201.70p (Bloomberg)
(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
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