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
British American Tobacco (BATS) - The Tobacco giant has announced that it will take a non-cash exceptional tax hit as a result of US tax reform, however this is expected to reduce the company's tax bill resulting in a 6%Q benefit to earnings-per-share.
Ferrexpo (FXPO) - The commodities trader and mining company announced that Q4 production increased 12% compared to the precious quarter, while sales volumes dipped on the previous year due to production.
Morrisons (MRW) - The big four supermarket has beaten expectations after an impressive Christmas trading period. Like for like sales (ex-fuel) were up 2.8% YoY, 1% higher than expectations, while online sales increased 10%. Note current short interest of 11.5% may come under pressure.
Persimmon (PSN) - The UK Housebuilder has announced it expects FY pretax profit ahead of market consensus, as both forward sales and completions improve YoY (the former +10%; the latter +6%).
(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 |
| BABCOCK INTL | BAB | -0.7% | 1.1% | -0.8% |
| MICRO FOCUS INTERNATIONAL | MCRO | -16.9% | -7.0% | -18.0% |
| MOTHERCARE | MTC | -27.5% | -22.6% | -32.2% |
| STANDARD LIFE ABERDEEN | SLA | 1.0% | 2.3% | 0.7% |
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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