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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
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) - BoE governor testifies at 2:15pm London time today for the first time since the EU vote. Carney and colleagues will face questions on their assessment of the economy after a rate cut and stimulus implemented in August irrespective of the fact the sentiment measures slumped immediately after the June referendum, they’ve since rebounded. Accusing the central bank of unleashing its August stimulus, without sufficient evidence. Closing prices 169.70p, 58.08p, 195.40p (Reuters)
Barratt Developments (BDEV.L) – Posts a 21% rise in pretax profit, £682.3m for the twelve months ended June 30, attributed to its disciplined volume growth in a market with an under supply of new homes, stating it was ‘Business as Usual’ referring to the EU vote to leave. Forward sales are also up 4.1% y-o-y. Closing price 507.00p (Reuters)
BT (BT.L) – Three, wants the regulator to rein in market leader EE by setting a 30% cap on the proportion of airwaves an operator can own. Closing Price 394.80p (Reuters)
Ashtead Group (AHT.L) – Posts big increase on Q1 profit, £178m generated for 2016 versus £155m y-o-y, with group revenue up 12% anticipating full year results to be ahead of expectations. Closing price 1258.00p (Reuters)
Worldpay (WPG.L) - Funds managed by Advent International Corporation and Bain Capital LLC have offered to sell 350m shares of payments provider Worldpay Group Plc at a price of between 282p and 285p each via an accelerated bookbuild, joint bookrunner Bank of America Merrill Lynch said. Closing price 294.40pI. (Reuters)
Hargreaves Lansdown (HL.L) - Posted a 10% rise in full-year pretax profits, with assets under management up 12%. Year to end-June profits of £218.9m, beating a mean consensus forecast of £216.9m, and increasing total dividend by 3% from 2015 Thomson Reuters data showed. Closing price 1350.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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