Why Bunzl plc, FirstGroup plc And Craneware plc Should Lag The FTSE 100 Today

Bunzl plc (LON: BNZL), FirstGroup plc (LON: FGP) and Craneware plc (LON: CRW) all slip.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

The FTSE 100 (^FTSE) is picking up a bit after its recent slump, regaining a further 59 points to 6,161 by just after midday. Fears that the US economy will suffer when the Federal Reserve starts to wind down its economic stimulus activities appear to be subsiding today, with a bit of rational thought returning after the recent panic.

But it’s not all roses for everyone. Here are three from the various indices that are falling behind today:

5 Stocks For Trying To Build Wealth After 50

One notable billionaire made 99% of his current wealth after his 50th birthday. And here at The Motley Fool, we believe it is NEVER too late to start trying to build your fortune in the stock market. Our expert Motley Fool analyst team have shortlisted 5 companies that they believe could be a great fit for investors aged 50+ trying to build long-term, diversified portfolios.

Click here to claim your free copy now!

Bunzl

Shares in outsourcing firm Bunzl (LSE: BNZL) lost 13p (1%) to 1,243p this morning — but they’re still up more than 20% over the past 12 months after a cracking start to 2013. Today’s drop came on the day of a pre-close update, ahead of first-half results.

 Progress is said to be pretty much in line with previous expectations, with revenue growth of around 11% at constant exchange rates, and operating margins unchanged. Overall finance costs for the period should be a little higher. The results should be with us in August.

FirstGroup

FirstGroup (LSE: FGP) shares dipped 2.9p (3%) to 93p today, after the transport firm updated us with the results of its recent share placing. When the three-for-two issue at 85p per share closed yesterday, the company had received valid acceptances for approximately 87.6% of the total offered, or 633 million new shares.

FirstGroup’s shares plummeted on 20 May, the day the placing was announced along with annual results. The price fell 30% to 156p, and has slid further since then to current levels.

Craneware

One of the biggest falls of the day hit the shares of Craneware (LSE: CRW), the AIM-listed software specialist, as the price tumbled 41p (11%) to 335p by midday. The firm, which deals with the US healthcare market, told us it has failed to sign one of a number hoped-for large sales opportunity due to “corporate activity”, and “expects that the likelihood of one of these deals closing before the end of the financial year is now low”.

That financial year ends on 30 June, so there wasn’t much time left. Analysts are expecting a flat year, with a rise in earnings per share of around 25% to follow for 2014 — whether today’s news has an impact on that remains to be seen.

Finally, reliable dividends can more than compensate for the day-to-day ups and downs of share prices. So how about a company that’s offering a 5% yield and which could be set for some nice share price appreciation too?

It’s the subject of our BRAND-NEW report, “The Motley Fool’s Top Income Share For 2013“, which you can get completely free of charge — but it will only be available for a limited period, so click here to get your copy today.

> Alan does not own any shares mentioned in this article.

Is this little-known company the next ‘Monster’ IPO?

Right now, this ‘screaming BUY’ stock is trading at a steep discount from its IPO price, but it looks like the sky is the limit in the years ahead.

Because this North American company is the clear leader in its field which is estimated to be worth US$261 BILLION by 2025.

The Motley Fool UK analyst team has just published a comprehensive report that shows you exactly why we believe it has so much upside potential.

But I warn you, you’ll need to act quickly, given how fast this ‘Monster IPO’ is already moving.

Click here to see how you can get a copy of this report for yourself today

More on Investing Articles

Buffett at the BRK AGM
Investing Articles

I’m listening to Warren Buffett about investing for the future

How does Warren Buffett incorporate an uncertain future into his investment strategy? Christopher Ruane explores what he's learnt from the…

Read more »

Worker on sofa and team on laptop screen talking and discussion in video conference and dog interruption.
Investing Articles

The Alphabet share price has fallen 25%. Time to buy?

The Alphabet share price has fallen sharply in 2022 -- and our writer scents a buying opportunity for his portfolio.

Read more »

Close-up of British bank notes
Investing Articles

How I’d invest a Stocks and Shares ISA to target yearly dividends of £1,350

Our writer reckons he could invest a £20,000 Stocks and Shares ISA to generate substantial dividend income. Here's how he…

Read more »

pensive bearded business man sitting on chair looking out of the window
Investing Articles

UK shares to buy now: how I’d invest a £1,000 lump sum

Our writer highlights some shares to buy now for his portfolio that he hopes offer both growth and income prospects.

Read more »

Investing Articles

3 top FTSE 100 shares to buy in a recession

Our writer explores three FTSE 100 shares that could protect the value of his stock market portfolio in the event…

Read more »

A Rolls-Royce employee works on an engine
Investing Articles

Could I double my money with Rolls-Royce shares?

Rolls-Royce shares have been on a downward track this year amid ongoing-pandemic related challenges. But is now a good time…

Read more »

Smiling senior white man talking through telephone while using laptop at desk.
Investing Articles

Down 50%, are Scottish Mortgage shares a bargain growth pick?

Scottish Mortgage shares have been on a steep downward track over the past six months. Down more than half, is…

Read more »

Note paper with question mark on orange background
Investing Articles

4 reasons why I would — and wouldn’t — buy Tesco shares for June

I’m looking for the best FTSE 100 shares to buy in early June. Is Tesco a brilliant blue-chip I should…

Read more »