Daily Stock Market Report (Mon 8th December 2025) - BKS, JNEO, TET, HERC, MER

Good morning and welcome to today's report. Let's see what the newswires have in store for us today.

Today's Agenda is now complete. 
Spreadsheet accompanying this report: link (last updated to: 10th November).

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)Unilever (LON:ULVR) (£109bn | SR52)Completion of demerger of Ice Cream BusinessTrading in Magnum Ice Cream NV (LON:MICC) shares will begin at 8am on the LSE. A consolidation of Unilever shares will take place after market close today to maintain the comparability of the Unilever share price pre- and post-demerger.[Roland - disclosure I hold]: I took an in-depth look at this interesting new listing in a Stock Pitch last week.Smith amp; Nephew (LON:SN.) (£10.7bn | SR69)New Strategy and 2028 Financial TargetsUpgraded FY25 guidance, trading margin now to be “at least 19.5%” w/ free cash flow of c.$800m. $200m inventory provision as part of portfolio rationalisation. Looking ahead, exp 6-7% rev growth w/ 9-10% trading profit CAGR.Fermi (LON:FRMI) (£6.98bn | SR1)Fermi Inc. - Electric agreement with Xcel EnergySigned contract for supply of lt;200MW of electrical capacity to Fermi’s 11GW Project Matador Campus.Harbour Energy (LON:HBR)...