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
Burberry Group PLC (BRBY.L) – Albert Frere’s Groupe Bruxelles Lambert SA plans to sell the 6.6% £520m stake in Burberry Group Plc a little more than a year after disclosing an initial investment in the company. It is the company’s largest shareholding. Burberry shares have climbed 11% ver the last month. Closing price 1883.00p (Bloomberg)
TUI Group PLC (TUI.L) - Has approved construction of a cruise ship for its Hapag-Lloyd cruise business. Summer trading was good as it reported Q2 results of which a narrower operating loss of €125m for the quarter, which is traditionally loss-making. Full-year underlying earnings before (EBITA) to rise by at least 10%. Closing price 2002.00p (Bloomberg)
Compass Group (CPG.L) - Full year expectations unchanged. Group H1 organic sales grew 4.8% with North America up 7.3%, Europe up 0.5% and the rest of the world up 3.4%. H1 revenue was £11.5bn vs GBP10.9bn expected, beating by 5.5% and operating profit 4.5% higher. Interim dividend is nearly 10% higher than 11.2pp share expected. Closing price 1585.00p (Bloomberg)
G4S PLC (G$S.L) – Expected growth to accelerate in H2 after organic revenue fell 2% in Q1. The company said, "We expect growth to accelerate in H2 of 2018 as the strong first-half comparatives from retail cash solutions roll off, our new contracts mobilise and our productivity programmes deliver. Closing price 262.06p (Reuters)
Vodafone Group PLC (VOD.L) – Has agreed an €18.4bn deal to buy Liberty Global's operations in Germany, Czech Republic, Hungary and Romania, saying adding Liberty's cable TV and broadband services to its mobile operations would enable it to take on former incumbents like Deutsche Telekom. Closing price 207.50p (Reuters / Sigma Squawk)
Imperial Brands PLC (IMB.L) –Reported lower H1 sales and profits, hurt by a tough pricing environment and overall market declines, but results were slightly ahead of estimates. H1 revenue art £3.53bn ahead of analysts' consensus estimate of £3.50bn. Closing price 2618.10p (Reuters)
Renishaw PLC (RSW.L) – Saw its 9month revenue from continuing operations rise 11.9% To £429.9m with continued expectations in growth In both revenue and profit for the financial year. Closing price 4745.00p (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 |
| VIRGIN MONEY | VM/ | 2.1% | 12.7% | 5.3% |
| SHIRE | SHP | 0.3% | 6.1% | 3.1% |
| STANDARD LIFE ABERDEEN | SLA | -1.5% | -0.3% | -2.1% |
| LLOYDS BANKING | LLOY | 1.1% | 2.4% | 1.1% |
| FIRSTGROUP | FGP | 0.6% | -3.9% | -14.6% |
| HISCOX | HSX | -0.1% | 0.5% | -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